AB Volvo (publ) (VLVLY) Stock Price, News & Analysis

Company Overview

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. It offers road construction machine, haulers, wheel loaders, excavators, and compact equipment. In addition, the company offers engines and power solutions for leisure and commercial vessels, as well as for power generation, industrial, and off-highway applications under the Volvo Penta brand name. Further, it provides financing, insurance, rental, spare parts, repairs, preventive maintenance, service agreement, and assistance services. The company offers its products and services through a network of dealerships and workshops. It has a strategic alliance with Isuzu Motors within commercial vehicles; a partnership with Samsung SDI Co to develop batteries for its electric products; and an agreement with Aurora to develop autonomous trucks. AB Volvo (publ) was incorporated in 1915 and is headquartered in Gothenburg, Sweden.

Key Stats

• Today's Range: $25.42 to $25.99
• 50-Day Range: $23.79 to $26.95
• 52-Week Range: $19.26 to $30.14
• Volume: 31,725 shs
• Average Volume: 56,515 shs
• Market Capitalization: $52.07 billion
• P/E Ratio: 10.81
• Dividend Yield: 4.41%
• Price Target: N/A
• Consensus Rating: Moderate Buy

AB Volvo (publ) Stock Analysis - MarketRank™

AB Volvo (publ) scored higher than 80% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for AB Volvo (publ).

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 5.74%

Earnings Growth

Earnings for AB Volvo (publ) are expected to grow by 5.74% in the coming year, from $2.44 to $2.58 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AB Volvo (publ) is 10.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.64.

Price to Earnings Ratio vs. Sector

The P/E ratio of AB Volvo (publ) is 10.81, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 10.61.

Price to Earnings Growth Ratio

AB Volvo (publ) has a PEG Ratio of 0.61. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

AB Volvo (publ) has a P/B Ratio of 3.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the outstanding shares of AB Volvo (publ) have been sold short.

Short Interest Ratio / Days to Cover

AB Volvo (publ) has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AB Volvo (publ) has recently decreased by 33.14%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

AB Volvo (publ) is a leading dividend payer. It pays a dividend yield of 4.52%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

AB Volvo (publ) does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of AB Volvo (publ) is 47.68%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, AB Volvo (publ) will have a dividend payout ratio of 43.80% next year. This indicates that AB Volvo (publ) will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.00% of the outstanding shares of AB Volvo (publ) have been sold short.

Short Interest Ratio / Days to Cover

AB Volvo (publ) has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AB Volvo (publ) has recently decreased by 33.14%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.71

News Sentiment

AB Volvo (publ) has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for AB Volvo (publ) this week, compared to 2 articles on an average week.

MarketBeat Follows

2 people have added AB Volvo (publ) to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, AB Volvo (publ) insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.02% of the stock of AB Volvo (publ) is held by institutions.

VLVLY Stock Analysis - Frequently Asked Questions

How have VLVLY shares performed this year?

AB Volvo (publ)'s stock was trading at $25.9450 at the beginning of 2024. Since then, VLVLY stock has decreased by 1.3% and is now trading at $25.61.
View the best growth stocks for 2024 here.

How were AB Volvo (publ)'s earnings last quarter?

AB Volvo (publ) (OTCMKTS:VLVLY) issued its quarterly earnings data on Thursday, July, 18th. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.07. The company had revenue of $13.12 billion for the quarter. AB Volvo (publ) had a trailing twelve-month return on equity of 32.00% and a net margin of 10.11%.

Does AB Volvo (publ) have any subsidiaries?

The following companies are subsidiaries of AB Volvo (publ): AB Volvo Penta, JSC Volvo Vostok, Kommersiella Fordon Europa AB, Sotrof AB, UD Trucks Corporation, VFS Int Romania Leasing Operational, VFS Latvia SIA, and others.

How do I buy shares of AB Volvo (publ)?

Shares of VLVLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 7/18/2024
• Today: 9/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicles & car bodies
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:VLVLY
• CUSIP: N/A
• CIK: 753762
• Web: www.volvogroup.com
• Phone: (463) 166-0000
• Fax: N/A
• Employees: 104,147
• Year Founded: 1927

Profitability

• EPS (Most Recent Fiscal Year): $2.37
• Trailing P/E Ratio: 10.81
• Forward P/E Ratio: 10.50
• P/E Growth: 0.61
• Net Income: $4.70 billion
• Net Margins: 10.11%
• Pretax Margin: 12.38%
• Return on Equity: 32.00%
• Return on Assets: 8.04%

Debt

• Debt-to-Equity Ratio: 0.91
• Current Ratio: 1.14
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $52.11 billion
• Price / Sales: 1.00
• Cash Flow: $3.37 per share
• Price / Cash Flow: 7.59
• Book Value: $8.38 per share
• Price / Book: 3.06

Miscellaneous

• Outstanding Shares: 2,033,000,000
• Free Float: N/A
• Market Cap: $52.07 billion
• Optionable: Not Optionable
• Beta: 1.33