Reviewing ASV (ASV) and Its Peers
ASV (NASDAQ: ASV) is one of 15 publicly-traded companies in the “Heavy Machinery & Vehicles” industry, but how does it weigh in compared to its peers? We will compare ASV to related businesses based on the strength of its institutional ownership, profitability, risk, dividends, analyst recommendations, earnings and valuation.
This table compares ASV and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a breakdown of recent ratings for ASV and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
ASV currently has a consensus target price of $10.92, suggesting a potential upside of 32.32%. As a group, “Heavy Machinery & Vehicles” companies have a potential upside of 6.89%. Given ASV’s stronger consensus rating and higher probable upside, analysts clearly believe ASV is more favorable than its peers.
Earnings & Valuation
This table compares ASV and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|ASV||$103.80 million||-$1.17 million||137.50|
|ASV Competitors||$6.06 billion||$48.37 million||116.71|
ASV’s peers have higher revenue and earnings than ASV. ASV is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Insider & Institutional Ownership
41.2% of ASV shares are owned by institutional investors. Comparatively, 82.3% of shares of all “Heavy Machinery & Vehicles” companies are owned by institutional investors. 8.3% of shares of all “Heavy Machinery & Vehicles” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
ASV peers beat ASV on 8 of the 11 factors compared.
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. SSLs are wheeled vehicles with lift arms that can be outfitted with the same attachments as CTLs and can therefore be used in the same applications. The Company also serves as a private label original equipment manufacturer (OEM) for several manufacturers. It provides pre- and post-sale dealer support, after-sale technical support and replacement parts. The Company markets through a distribution network in North America, Australia and New Zealand under the ASV and Terex brands.
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