DSV (OTCMKTS:DSDVY) Shares Gap Down After Earnings Miss

DSV (OTCMKTS:DSDVY) gapped down prior to trading on Wednesday following a dissappointing earnings announcement. The stock had previously closed at $127.81, but opened at $110.81. DSV shares last traded at $110.4950, with a volume of 2,291 shares.

The company reported $1.13 EPS for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.07). DSV had a net margin of 2.55% and a return on equity of 9.45%.

Wall Street Analyst Weigh In

Several research firms have issued reports on DSDVY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a research report on Thursday, July 16th. Citigroup reissued a “buy” rating on shares of DSV in a report on Thursday, July 9th. Finally, Zacks Research lowered DSV from a “hold” rating to a “strong sell” rating in a research report on Friday, June 19th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, DSV presently has a consensus rating of “Moderate Buy”.

DSV Price Performance

The stock has a market cap of $53.14 billion, a P/E ratio of 35.08, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. The firm has a 50-day moving average price of $122.74 and a 200-day moving average price of $127.49. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.92 and a current ratio of 0.95.

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.