AB Volvo (publ) (OTCMKTS:VLVLY) released its quarterly earnings results on Friday. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.10, MarketWatch Earnings reports. AB Volvo (publ) had a net margin of 5.03% and a return on equity of 12.94%.

AB Volvo (publ) stock opened at $20.62 on Friday. AB Volvo has a 1-year low of $9.05 and a 1-year high of $20.82. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.39 and a quick ratio of 1.14. The stock has a market cap of $41.92 billion, a PE ratio of 21.71 and a beta of 1.50. The stock’s fifty day moving average is $19.49 and its two-hundred day moving average is $16.17.

VLVLY has been the topic of a number of research reports. ValuEngine upgraded shares of AB Volvo (publ) from a “sell” rating to a “hold” rating in a report on Monday, August 3rd. UBS Group reiterated a “neutral” rating on shares of AB Volvo (publ) in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of AB Volvo (publ) in a research note on Tuesday, October 13th. Royal Bank of Canada reiterated a “sector perform” rating on shares of AB Volvo (publ) in a research note on Monday, July 20th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of AB Volvo (publ) in a research note on Wednesday, July 22nd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $13.00.

AB Volvo (publ) Company Profile

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The company offers trucks for long-haulage, construction, and distribution purposes under the Volvo, UD Trucks, Renault Trucks, Mack, Eicher, and Dongfeng brands; and city and intercity buses, coaches, and bus chassis, as well as associated transport systems under the Prevost and Nova Bus brands.

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Earnings History for AB Volvo (publ) (OTCMKTS:VLVLY)

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