DSV (OTCMKTS:DSDVY) Posts Earnings Results, Beats Estimates By $0.05 EPS

DSV (OTCMKTS:DSDVY) announced its earnings results on Wednesday. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.05, Zacks reports. The company had revenue of $11.03 billion for the quarter, compared to analyst estimates of $10.93 billion. DSV had a return on equity of 9.46% and a net margin of 3.27%.

DSV Trading Down 2.7%

Shares of OTCMKTS:DSDVY opened at $120.61 on Thursday. The company has a market capitalization of $58.00 billion, a P/E ratio of 41.02, a P/E/G ratio of 0.91 and a beta of 1.30. DSV has a 1 year low of $97.90 and a 1 year high of $151.98. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.95 and a quick ratio of 0.92. The business’s 50 day simple moving average is $126.33 and its 200 day simple moving average is $124.09.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DSDVY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DSV in a research note on Thursday, January 15th. Citigroup reiterated a “neutral” rating on shares of DSV in a research note on Friday, February 6th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of DSV in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, DSV has an average rating of “Moderate Buy”.

DSV Company Profile

DSV A/S (OTCMKTS:DSDVY) is a Danish global transport and logistics company that provides end-to-end supply chain solutions to businesses across a wide range of industries. The firm’s core services include road transport, air freight, ocean freight, freight forwarding, contract logistics and warehousing, together with customs clearance, distribution and value‑added services designed to support complex international supply chains.

Founded in the mid-1970s in Denmark, DSV has grown through a mix of organic expansion and strategic acquisitions, notably strengthening its global freight and forwarding capabilities through transactions such as the acquisitions of UTi Worldwide and Panalpina.