DSV (OTCMKTS:DSDVY) Reaches New 1-Year High – Still a Buy?

DSV (OTCMKTS:DSDVY) reached a new 52-week high during trading on Thursday . The stock traded as high as $127.53 and last traded at $127.53, with a volume of 35044 shares traded. The stock had previously closed at $123.98.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of DSV from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

DSV Stock Up 0.6%

The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.53. The company has a 50-day simple moving average of $109.87 and a 200 day simple moving average of $113.10. The company has a market cap of $61.72 billion, a P/E ratio of 43.66, a P/E/G ratio of 1.75 and a beta of 1.34.

DSV (OTCMKTS:DSDVY) last issued its earnings results on Thursday, October 23rd. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.16. The firm had revenue of $11.19 billion during the quarter, compared to analyst estimates of $11.38 billion. DSV had a net margin of 4.23% and a return on equity of 10.92%. On average, equities analysts anticipate that DSV will post 3.97 EPS for the current year.

About DSV

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.