ASV Holdings Inc (ASV) Receives Average Rating of “Strong Buy” from Brokerages
ASV Holdings Inc (NASDAQ:ASV) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that cover the company, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy rating.
Brokerages have set a 12-month consensus target price of $10.92 for the company and are predicting that the company will post $0.07 earnings per share for the current quarter, according to Zacks. Zacks has also assigned ASV an industry rank of 41 out of 265 based on the ratings given to its competitors.
A number of brokerages have recently commented on ASV. Barrington Research assumed coverage on shares of ASV in a research note on Tuesday, November 21st. They issued an “outperform” rating and a $11.25 price target for the company. Zacks Investment Research upgraded shares of ASV from a “sell” rating to a “hold” rating in a research report on Monday, December 18th.
Shares of ASV (NASDAQ:ASV) traded up $0.44 during mid-day trading on Friday, hitting $9.24. 1,596 shares of the stock were exchanged, compared to its average volume of 17,325. ASV has a 52-week low of $7.23 and a 52-week high of $10.56. The company has a market capitalization of $87.22 and a price-to-earnings ratio of 154.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.91 and a quick ratio of 0.79.
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ASV Company Profile
ASV Holdings, Inc (ASV) is engaged in designing and manufacturing a range of compact track loader (CTL) and skid steer loader (SSL) equipment for construction, agricultural and forestry industries. The Company manufactures Posi-Track, rubber-tracked CTLs with multi-level suspension. CTLs are compact tracked vehicles with lift arms that functions in wet, muddy, snowy or harsh conditions and where there are slopes and grades, such as in a construction, agriculture or forestry environment.
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