Zacks Investment Research cut shares of DSV AS/ADR (OTCMKTS:DSDVY) from a hold rating to a sell rating in a research note published on Tuesday morning, Zacks.com reports.
According to Zacks, “DSV A/S provides transport and logistics services. It offers truck, ship and plane transport services as well as warehousing and logistic services. The company also provides shipment booking, pick-up, custom clearance, cargo consolidation, document and insurance services as well as warehousing, picking/packaging, distribution, supply chain management and order planning services. It operates primarily in Europe, the Middle East, Africa, North and South America, Asia, Australia and the Pacific. DSV A/S is headquartered in Hedehusene, Denmark. “
DSDVY opened at $43.50 on Tuesday. DSV AS/ADR has a one year low of $32.10 and a one year high of $47.44. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.11 and a current ratio of 1.16. The firm has a market capitalization of $16.36 billion, a PE ratio of 24.86, a PEG ratio of 1.51 and a beta of 1.46.
DSV AS/ADR (OTCMKTS:DSDVY) last posted its quarterly earnings data on Thursday, February 7th. The company reported $0.41 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.01). DSV AS/ADR had a return on equity of 27.25% and a net margin of 5.05%. The firm had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.04 billion. On average, research analysts forecast that DSV AS/ADR will post 1.83 EPS for the current year.
The company also recently disclosed an annual dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, March 19th were paid a $0.109 dividend. This represents a dividend yield of 0.27%. The ex-dividend date of this dividend was Monday, March 18th. DSV AS/ADR’s dividend payout ratio is presently 6.29%.
DSV AS/ADR Company Profile
DSV A/S provides transport and logistics services in Europe, the Middle East, Africa, North America and South America, Asia, Australia, and the Pacific. The company operates through three segments: Air & Sea, Road, and Solutions. The company offers air and sea freight services, including standard freight, compliance, and carrier services, as well as container and sea-air freight services.
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