ASV (ASV) to Release Quarterly Earnings on Thursday

ASV (NASDAQ:ASV) will announce its earnings results after the market closes on Thursday, November 1st. Analysts expect the company to announce earnings of $0.04 per share for the quarter.

ASV (NASDAQ:ASV) last announced its quarterly earnings data on Thursday, August 9th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.10). The firm had revenue of $31.86 million during the quarter, compared to analyst estimates of $38.53 million. ASV had a negative net margin of 0.21% and a positive return on equity of 2.33%. On average, analysts expect ASV to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of ASV opened at $3.15 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.76 and a current ratio of 2.15. The firm has a market capitalization of $31.86 million, a price-to-earnings ratio of 14.32 and a beta of -0.31. ASV has a 1 year low of $3.05 and a 1 year high of $10.80.

Several equities analysts have issued reports on ASV shares. ValuEngine cut shares of ASV from a “hold” rating to a “sell” rating in a research note on Wednesday, September 19th. Roth Capital set a $9.00 price objective on shares of ASV and gave the company a “buy” rating in a research note on Saturday, August 11th. Barrington Research set a $9.00 price objective on shares of ASV and gave the company a “buy” rating in a research note on Tuesday, October 23rd. Finally, Zacks Investment Research upgraded shares of ASV from a “sell” rating to a “hold” rating in a research report on Tuesday, July 17th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. ASV presently has a consensus rating of “Hold” and a consensus target price of $9.06.

About ASV

ASV Holdings, Inc designs and manufactures compact construction equipment in North America, Australia, and New Zealand. It offers compact track loader and skid steer loader equipment under the ASV and Terex brands. The company also offers private label original equipment manufacturing services; and pre-and post-sale dealer support, after-sale technical support, and replacement parts.

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Earnings History for ASV (NASDAQ:ASV)

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