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DSV AS/ADR Forecasted to Post Q3 2019 Earnings of $0.45 Per Share (OTCMKTS:DSDVY)

Q4 2019 EPS Estimates for DSV AS/ADR Cut by Analyst (OTCMKTS:DSDVY)

November 29, 2019
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Q4 2019 EPS Estimates for DSV AS/ADR Cut by Analyst (OTCMKTS:DSDVY)

by usiscc
November 29, 2019
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DSV AS/ADR Forecasted to Post Q3 2019 Earnings of $0.45 Per Share (OTCMKTS:DSDVY)
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DSV AS/ADR (OTCMKTS:DSDVY) – Stock analysts at Jefferies Financial Group decreased their Q4 2019 earnings estimates for DSV AS/ADR in a research report issued to clients and investors on Monday, November 4th, according to Zacks Investment Research. Jefferies Financial Group analyst D. Kerstens now anticipates that the company will post earnings per share of $0.37 for the quarter, down from their previous estimate of $0.39. Jefferies Financial Group also issued estimates for DSV AS/ADR’s FY2023 earnings at $3.43 EPS.

A number of other equities analysts have also recently commented on DSDVY. ValuEngine cut DSV AS/ADR from a “hold” rating to a “sell” rating in a report on Monday, October 7th. Zacks Investment Research cut DSV AS/ADR from a “buy” rating to a “hold” rating in a report on Monday, November 11th.

Shares of OTCMKTS DSDVY traded up $0.25 during mid-day trading on Wednesday, hitting $55.89. The company had a trading volume of 30,429 shares, compared to its average volume of 28,415. DSV AS/ADR has a one year low of $32.10 and a one year high of $56.03. The company has a market capitalization of $20.31 billion, a PE ratio of 31.94, a price-to-earnings-growth ratio of 2.02 and a beta of 1.37. The firm has a 50-day simple moving average of $51.05 and a two-hundred day simple moving average of $48.23.

About DSV AS/ADR

DSV A/S provides transport and logistics services in Europe, the Middle East, Africa, North America and South America, Asia, Australia, and the Pacific. The company operates through three segments: Air & Sea, Road, and Solutions. The company offers air and sea freight services, including standard freight, compliance, and carrier services, as well as container and sea-air freight services.

Further Reading: How is a management fee different from a performance fee?

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