$32.36 Million in Sales Expected for ASV Holdings Inc (ASV) This Quarter
Equities analysts expect ASV Holdings Inc (NASDAQ:ASV) to report sales of $32.36 million for the current quarter, according to Zacks. Three analysts have issued estimates for ASV’s earnings, with the highest sales estimate coming in at $32.70 million and the lowest estimate coming in at $31.77 million. The company is scheduled to announce its next earnings report on Thursday, February 15th.
According to Zacks, analysts expect that ASV will report full-year sales of $32.36 million for the current fiscal year, with estimates ranging from $124.65 million to $125.60 million. For the next fiscal year, analysts anticipate that the firm will report sales of $142.39 million per share, with estimates ranging from $141.00 million to $143.80 million. Zacks’ sales calculations are an average based on a survey of analysts that that provide coverage for ASV.
ASV has been the subject of several analyst reports. Zacks Investment Research upgraded shares of ASV from a “sell” rating to a “hold” rating in a research report on Monday, December 18th. Barrington Research initiated coverage on shares of ASV in a research report on Tuesday, November 21st. They set an “outperform” rating and a $11.25 price target for the company.
Shares of ASV (NASDAQ:ASV) traded down $0.41 during trading hours on Friday, hitting $8.06. 10,689 shares of the stock traded hands, compared to its average volume of 14,803. ASV has a 12 month low of $7.23 and a 12 month high of $10.80. The company has a quick ratio of 0.79, a current ratio of 1.91 and a debt-to-equity ratio of 0.35.
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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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