AB Volvo (OTCMKTS:VLVLY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of AB Volvo (OTCMKTS:VLVLY) have been assigned a consensus rating of “Moderate Buy” from the ten ratings firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a strong buy recommendation to the company.

Several research analysts recently commented on VLVLY shares. Pareto Securities upgraded shares of AB Volvo to a “strong-buy” rating in a report on Thursday. Royal Bank Of Canada downgraded shares of AB Volvo from an “outperform” rating to a “sector perform” rating in a report on Friday, February 13th.

AB Volvo Stock Up 0.1%

VLVLY stock opened at $33.51 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.91 and a debt-to-equity ratio of 0.80. AB Volvo has a 1 year low of $26.11 and a 1 year high of $39.62. The company has a fifty day simple moving average of $34.32 and a 200 day simple moving average of $34.19. The firm has a market cap of $68.14 billion, a PE ratio of 16.51, a PEG ratio of 0.74 and a beta of 1.18.

AB Volvo (OTCMKTS:VLVLY) last announced its earnings results on Friday, April 24th. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.06). The firm had revenue of $11.98 billion during the quarter, compared to the consensus estimate of $12.42 billion. AB Volvo had a return on equity of 22.17% and a net margin of 8.32%. Sell-side analysts anticipate that AB Volvo will post 2.33 EPS for the current fiscal year.

About AB Volvo

AB Volvo (Volvo Group) is a Swedish multinational manufacturing company headquartered in Gothenburg. The company designs, manufactures and sells a broad range of commercial vehicles and related systems, including heavy- and medium-duty trucks, buses, and construction equipment. In addition to vehicles and machinery, Volvo supplies marine and industrial power systems through its Volvo Penta division and offers parts, service, telematics and financing solutions to commercial customers worldwide.

Key product and business lines include Volvo Trucks and Mack-branded heavy trucks, a global bus and coach offering, Volvo Construction Equipment, and power systems for marine and industrial applications.