AB Volvo (OTCMKTS:VLVLY) Earns Hold Rating from Kepler Capital Markets

AB Volvo (OTCMKTS:VLVLY)‘s stock had its “hold” rating reiterated by stock analysts at Kepler Capital Markets in a research report issued on Friday, MarketBeat reports.

Other equities research analysts also recently issued reports about the stock. Zacks Research upgraded shares of AB Volvo from a “strong sell” rating to a “hold” rating in a research note on Friday, December 19th. UBS Group lowered shares of AB Volvo from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday, January 13th. Sanford C. Bernstein raised AB Volvo from a “strong sell” rating to a “hold” rating in a research note on Monday, October 13th. Morgan Stanley downgraded shares of AB Volvo from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft cut AB Volvo from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

AB Volvo Trading Down 0.5%

Shares of OTCMKTS:VLVLY opened at $33.89 on Friday. The firm has a market cap of $68.91 billion, a price-to-earnings ratio of 16.69, a PEG ratio of 5.72 and a beta of 1.13. The company’s fifty day simple moving average is $30.98 and its 200 day simple moving average is $29.59. AB Volvo has a 12 month low of $22.55 and a 12 month high of $34.22. The company has a quick ratio of 0.85, a current ratio of 1.12 and a debt-to-equity ratio of 0.79.

AB Volvo (OTCMKTS:VLVLY) last posted its quarterly earnings data on Friday, October 17th. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.13). The firm had revenue of $11.75 billion for the quarter, compared to the consensus estimate of $115.79 billion. AB Volvo had a return on equity of 22.66% and a net margin of 8.47%. As a group, research analysts forecast that AB Volvo will post 2.38 EPS for the current fiscal year.

AB Volvo Company Profile

AB Volvo (Volvo Group) is a Swedish multinational manufacturing company headquartered in Gothenburg. The company designs, manufactures and sells a broad range of commercial vehicles and related systems, including heavy- and medium-duty trucks, buses, and construction equipment. In addition to vehicles and machinery, Volvo supplies marine and industrial power systems through its Volvo Penta division and offers parts, service, telematics and financing solutions to commercial customers worldwide.

Key product and business lines include Volvo Trucks and Mack-branded heavy trucks, a global bus and coach offering, Volvo Construction Equipment, and power systems for marine and industrial applications.