Separately, Seaport Global Securities started coverage on shares of ASV Holdings in a research report on Wednesday, June 7th. They issued a buy rating and a $9.50 price target for the company.
ASV Holdings (ASV) opened at 7.99 on Tuesday. ASV Holdings has a one year low of $7.25 and a one year high of $9.56. The firm has a 50-day moving average of $7.97 and a 200 day moving average of $8.04. The company has a market capitalization of $78.30 million and a P/E ratio of 257.74.
ASV Holdings (NYSE:ASV) last posted its quarterly earnings results on Wednesday, August 9th. The company reported $0.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.04. The business had revenue of $34.24 million during the quarter, compared to analyst estimates of $28.50 million. ASV Holdings had a net margin of 0.83% and a return on equity of 1.74%. On average, equities analysts forecast that ASV Holdings will post $0.34 EPS for the current fiscal year.
Institutional investors have recently bought and sold shares of the company. Gilder Gagnon Howe & Co. LLC purchased a new position in ASV Holdings during the second quarter worth $7,494,000. Spark Investment Management LLC bought a new position in shares of ASV Holdings during the second quarter worth $200,000. Manatuck Hill Partners LLC bought a new position in shares of ASV Holdings during the second quarter worth $1,915,000. Goldman Sachs Group Inc. bought a new position in shares of ASV Holdings during the second quarter worth $182,000. Finally, S Squared Technology LLC bought a new position in shares of ASV Holdings during the second quarter worth $2,526,000.
ASV Holdings 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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