DSV A/S (OTCMKTS:DSDVY) Rating Lowered to Hold at Citigroup

Citigroup downgraded shares of DSV A/S (OTCMKTS:DSDVY) from a strong-buy rating to a hold rating in a report issued on Wednesday morning,Zacks.com reports.

Separately, The Goldman Sachs Group upgraded shares of DSV A/S to a “strong-buy” rating in a report on Friday, May 2nd.

DSV A/S Price Performance

DSDVY stock opened at $110.33 on Wednesday. The firm has a market cap of $53.06 billion, a P/E ratio of 32.26, a P/E/G ratio of 1.28 and a beta of 1.23. The firm’s fifty day moving average is $98.47 and its 200 day moving average is $102.75. DSV A/S has a 52 week low of $72.79 and a 52 week high of $115.75. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.18 and a current ratio of 1.27.

DSV A/S (OTCMKTS:DSDVY) last posted its earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03. DSV A/S had a net margin of 6.06% and a return on equity of 15.61%. The company had revenue of $6.35 billion during the quarter, compared to analyst estimates of $40.57 billion. Research analysts predict that DSV A/S will post 3.97 earnings per share for the current year.

DSV A/S Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th were paid a $0.4915 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from DSV A/S’s previous dividend of $0.33. DSV A/S’s dividend payout ratio (DPR) is presently 8.72%.

DSV A/S Company Profile

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.