ASV Holdings Inc (NYSE:ASV) has received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus price target of $10.75 for the company, according to Zacks. Zacks has also given ASV Holdings an industry rank of 4 out of 265 based on the ratings given to its competitors.
Several research analysts have recently issued reports on ASV shares. Roth Capital started coverage on ASV Holdings in a research note on Wednesday, June 7th. They set a “buy” rating and a $11.50 price target for the company. Seaport Global Securities started coverage on ASV Holdings in a research note on Wednesday, June 7th. They set a “buy” rating and a $9.50 price target for the company. Finally, Zacks Investment Research raised ASV Holdings from a “hold” rating to a “buy” rating and set a $9.50 price target for the company in a research note on Friday, August 11th.
Shares of ASV Holdings (NYSE ASV) traded down 0.75% during midday trading on Friday, hitting $7.95. 21,833 shares of the stock were exchanged. The firm has a 50-day moving average price of $8.06 and a 200 day moving average price of $8.07. ASV Holdings has a 12-month low of $7.23 and a 12-month high of $9.56. The firm has a market cap of $77.91 million and a PE ratio of 256.45.
ASV Holdings (NYSE:ASV) last released its quarterly earnings results on Wednesday, August 9th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.04. The business had revenue of $34.24 million during the quarter, compared to the consensus estimate of $28.50 million. ASV Holdings had a return on equity of 11.75% and a net margin of 5.12%. Analysts predict that ASV Holdings will post $0.34 earnings per share for the current fiscal year.
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Hedge funds have recently made changes to their positions in the stock. Pacific Ridge Capital Partners LLC acquired a new position in ASV Holdings in the 2nd quarter valued at about $1,877,000. S Squared Technology LLC acquired a new position in ASV Holdings in the 2nd quarter valued at about $2,526,000. Gilder Gagnon Howe & Co. LLC acquired a new position in ASV Holdings in the 2nd quarter valued at about $7,494,000. Spark Investment Management LLC acquired a new position in ASV Holdings in the 2nd quarter valued at about $200,000. Finally, Manatuck Hill Partners LLC acquired a new position in ASV Holdings in the 2nd quarter valued at about $1,915,000.
ASV Holdings 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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