AB Volvo (OTCMKTS:VLVLY – Free Report) – Analysts at Erste Group Bank reduced their FY2026 EPS estimates for AB Volvo in a research note issued to investors on Thursday, October 8th. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings of $2.15 per share for the year, down from their prior forecast of $2.22. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for AB Volvo’s current full-year earnings is $2.13 per share.
Separately, Zacks Research downgraded AB Volvo from a “hold” rating to a “strong sell” rating in a research report on Monday, October 5th. Four research analysts have rated the stock with a Strong Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.
AB Volvo Stock Performance
VLVLY stock opened at $31.67 on Tuesday. AB Volvo has a 12-month low of $26.11 and a 12-month high of $39.62. The business’s 50-day moving average is $34.48 and its 200 day moving average is $34.54. The company has a current ratio of 1.10, a quick ratio of 0.82 and a debt-to-equity ratio of 0.85. The stock has a market cap of $64.40 billion, a price-to-earnings ratio of 16.85, a PEG ratio of 0.75 and a beta of 1.22.
AB Volvo (OTCMKTS:VLVLY – Get Free Report) last issued its quarterly earnings results on Friday, July 17th. The company reported $0.54 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.54. AB Volvo had a net margin of 7.60% and a return on equity of 20.16%. The firm had revenue of $13.09 billion for the quarter, compared to analyst estimates of $12.92 billion.
About AB Volvo
AB Volvo, commonly known as the Volvo Group, is a Sweden-based manufacturer of commercial vehicles and related equipment. The company develops and sells heavy-duty trucks under brands including Volvo Trucks, Mack, Renault Trucks and UD Trucks, serving industries such as freight transportation, construction and distribution.
In addition to trucks, Volvo Group provides buses and coaches, construction equipment, and marine and industrial engines. Its offerings are supported by aftermarket services, spare parts, maintenance, repair and fleet-management solutions designed to help customers operate and maintain their vehicles and equipment.
Founded in 1927 and headquartered in Gothenburg, Sweden, AB Volvo serves customers through operations and sales networks across Europe, North America, South America, Asia, Africa and Oceania.
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