AB Volvo (publ) (OTCMKTS:VLVLY) Given Consensus Recommendation of "Moderate Buy" by Analysts

AB Volvo (publ) (OTCMKTS:VLVLY - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eight research firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company.

A number of equities analysts have recently weighed in on VLVLY shares. Barclays downgraded AB Volvo (publ) from an "equal weight" rating to an "underweight" rating in a report on Tuesday, March 25th. Sanford C. Bernstein started coverage on shares of AB Volvo (publ) in a research report on Tuesday, April 1st. They issued an "underperform" rating on the stock. Finally, UBS Group raised AB Volvo (publ) from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 26th.

AB Volvo (publ) Price Performance

VLVLY stock traded up $0.69 during trading hours on Tuesday, hitting $25.18. 219,263 shares of the stock traded hands, compared to its average volume of 197,271. The company has a current ratio of 1.28, a quick ratio of 0.97 and a debt-to-equity ratio of 0.81. The stock has a 50-day simple moving average of $29.57 and a 200 day simple moving average of $26.94. AB Volvo has a one year low of $22.55 and a one year high of $33.33. The company has a market cap of $51.19 billion, a P/E ratio of 10.71 and a beta of 1.19.

AB Volvo (publ) (OTCMKTS:VLVLY - Get Free Report) last issued its earnings results on Wednesday, January 29th. The company reported $0.49 earnings per share (EPS) for the quarter. AB Volvo (publ) had a return on equity of 27.91% and a net margin of 9.57%. Equities analysts forecast that AB Volvo will post 2.38 earnings per share for the current year.

AB Volvo (publ) Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, April 24th. Investors of record on Friday, April 4th will be paid a dividend of $1.6823 per share. This is a positive change from AB Volvo (publ)'s previous dividend of $0.72. The ex-dividend date of this dividend is Friday, April 4th. AB Volvo (publ)'s dividend payout ratio (DPR) is presently 25.96%.

AB Volvo (publ) Company Profile

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands.