Shares of ASV Holdings Inc (NASDAQ:ASV) have been given a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that cover the company, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy rating.

Brokers have set a twelve-month consensus price target of $10.92 for the company, according to Zacks. Zacks has also assigned ASV an industry rank of 2 out of 265 based on the ratings given to its competitors.

Several brokerages have recently issued reports on ASV. Zacks Investment Research lowered shares of ASV from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Barrington Research began coverage on shares of ASV in a report on Tuesday, November 21st. They issued an “outperform” rating and a $11.25 price target for the company.

Shares of ASV (NASDAQ:ASV) opened at $8.30 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 1.91 and a debt-to-equity ratio of 0.35. ASV has a fifty-two week low of $7.23 and a fifty-two week high of $9.56.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Royce & Associates LP lifted its position in ASV by 8.5% in the 3rd quarter. Royce & Associates LP now owns 150,790 shares of the company’s stock valued at $1,230,000 after acquiring an additional 11,800 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in ASV in the 2nd quarter valued at $182,000. Spark Investment Management LLC bought a new stake in ASV in the 2nd quarter valued at $200,000. Neuberger Berman Group LLC bought a new stake in ASV in the 2nd quarter valued at $939,000. Finally, Pacific Ridge Capital Partners LLC bought a new stake in ASV in the 2nd quarter valued at $1,877,000. 41.22% of the stock is currently owned by institutional investors and hedge funds.

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ASV 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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