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 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.07). DSV had a net margin of 2.55% and a return on equity of 9.45%.

Analyst Ratings Changes

Several brokerages recently issued reports on DSDVY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DSV in a research report on Thursday, July 16th. Zacks Research downgraded DSV from a “hold” rating to a “strong sell” rating in a research report on Friday, June 19th. Finally, Citigroup restated a “buy” rating on shares of DSV in a report on Thursday, July 9th. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, DSV has an average rating of “Moderate Buy”.

DSV Trading Down 13.5%

The company has a market cap of $53.14 billion, a price-to-earnings ratio of 35.08, a PEG ratio of 0.92 and a beta of 1.19. The firm has a 50 day moving average price of $122.74 and a two-hundred day moving average price of $127.49. The company has a quick ratio of 0.92, a current ratio of 0.95 and a debt-to-equity ratio of 0.48.

About DSV

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.