AB Volvo (OTCMKTS:VLVLY – Free Report) – Equities researchers at Erste Group Bank upped their FY2026 earnings per share (EPS) estimates for shares of AB Volvo in a research note issued to investors on Wednesday, October 21st. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings of $2.17 per share for the year, up from their previous forecast of $2.15. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for AB Volvo’s current full-year earnings is $2.14 per share. Erste Group Bank also issued estimates for AB Volvo’s FY2027 earnings at $2.63 EPS.
AB Volvo (OTCMKTS:VLVLY – Get Free Report) last released its quarterly earnings data on Friday, October 23rd. The company reported $0.55 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.55. AB Volvo had a net margin of 8.12% and a return on equity of 21.50%. The firm had revenue of $12.04 billion during the quarter, compared to analysts’ expectations of $12.53 billion.
Separately, Zacks Research downgraded shares of AB Volvo from a “hold” rating to a “strong sell” rating in a report on Monday, October 5th. Three equities research analysts have rated the stock with a Strong Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.
View Our Latest Report on AB Volvo
AB Volvo Stock Performance
OTCMKTS:VLVLY opened at $31.12 on Monday. The company’s 50-day moving average is $33.81 and its two-hundred day moving average is $34.81. AB Volvo has a 1-year low of $26.77 and a 1-year high of $39.62. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.10 and a quick ratio of 0.82. The firm has a market capitalization of $63.28 billion, a price-to-earnings ratio of 15.08, a PEG ratio of 0.73 and a beta of 1.22.
AB Volvo Company Profile
AB Volvo is a Sweden-based manufacturer of commercial vehicles and transportation-related products. Founded in 1927 and headquartered in Gothenburg, the company develops and sells trucks, buses, construction equipment, and marine and industrial engines. AB Volvo is separate from Volvo Cars, which became an independent company in 1999.
The company’s commercial vehicle operations include heavy-duty, medium-duty, and light-duty trucks sold under brands such as Volvo Trucks, Mack Trucks, Renault Trucks, and UD Trucks.
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