
AB Volvo (OTCMKTS:VLVLY – Free Report) – Analysts at Erste Group Bank decreased their FY2026 earnings per share estimates for AB Volvo in a research report issued on Thursday, October 8th. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings per share of $2.15 for the year, down from their prior forecast of $2.22. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for AB Volvo’s current full-year earnings is $2.15 per share.
AB Volvo (OTCMKTS:VLVLY – Get Free Report) last announced its earnings results on Friday, July 17th. The company reported $0.54 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.54. AB Volvo had a return on equity of 20.16% and a net margin of 7.60%. The firm had revenue of $13.09 billion for the quarter, compared to the consensus estimate of $12.92 billion.
Check Out Our Latest Stock Report on AB Volvo
AB Volvo Trading Down 0.6%
Shares of AB Volvo stock opened at $31.39 on Tuesday. The firm has a market cap of $63.83 billion, a PE ratio of 16.70, a P/E/G ratio of 0.74 and a beta of 1.22. AB Volvo has a 1 year low of $26.11 and a 1 year high of $39.62. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.10 and a quick ratio of 0.82. The stock has a fifty day moving average price of $34.76 and a 200-day moving average price of $34.54.
AB Volvo Company Profile
AB Volvo, commonly known as the Volvo Group, is a Sweden-based manufacturer of commercial vehicles and related equipment. The company develops and sells heavy-duty trucks under brands including Volvo Trucks, Mack, Renault Trucks and UD Trucks, serving industries such as freight transportation, construction and distribution.
In addition to trucks, Volvo Group provides buses and coaches, construction equipment, and marine and industrial engines. Its offerings are supported by aftermarket services, spare parts, maintenance, repair and fleet-management solutions designed to help customers operate and maintain their vehicles and equipment.
Founded in 1927 and headquartered in Gothenburg, Sweden, AB Volvo serves customers through operations and sales networks across Europe, North America, South America, Asia, Africa and Oceania.
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