DSV (OTCMKTS:DSDVY) Hits New 52-Week High – Time to Buy?

DSV (OTCMKTS:DSDVY)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $130.30 and last traded at $130.17, with a volume of 988 shares changing hands. The stock had previously closed at $128.11.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DSDVY. Zacks Research raised shares of DSV from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. Morgan Stanley reissued an “overweight” rating on shares of DSV in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

DSV Price Performance

The company has a 50-day moving average of $117.85 and a 200 day moving average of $113.74. The company has a quick ratio of 0.95, a current ratio of 0.98 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $63.45 billion, a PE ratio of 44.88, a PEG ratio of 1.35 and a beta of 1.32.

DSV (OTCMKTS:DSDVY) last posted its quarterly earnings results on Thursday, October 23rd. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.16. The firm had revenue of $11.19 billion for 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%. Sell-side analysts predict that DSV will post 3.97 EPS for the current year.

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.