ASV stock: buy or sell?
September 10th, 2019
ASV Holdings, Inc. designs and manufactures compact construction equipment in North America, Australia, and New Zealand. It offers compact track loader and skid steer loader equipment under the ASV and Terex brands.
Should I buy ASV stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading plan that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with ASV stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is ASV stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 3 ratings published for ASV stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-6-27||Barrington Research||Outperform||Market Perform|
ASV stock analysis
ASV remained steady a neutral 0.00% and closed at $7.04.
Shares of ASV closed on Sep 10th at $7.04 and remained constant a neutral 0.00%. Since SMA100d and SMA200d crossed up on July, ASV price climbed $0.04 per share (0.57%). Since last June when ASV stock price broke up the SMA200d line, it gained $5.41 (331.90%).
After climbing for 4 weeks, last week ASV remained constant a neutral -0.14%, closing at $7.04.
Since SMA20d and SMA40w crossed up by mid July, ASV price climbed $0.09 per share (1.29%). Since price and SMA40w lines crossed up late June, ASV climbed $5.24 (291.11%).
ASV stock price history
ASV stock went public on May 12th, 2017 with a price of $7.451. Since then, ASV stock sliced a -5.50%, with a yearly average of -2.80%.
1: Adjusted price after possible price splits or reverse-splits.
ASV stock historical price chart
ASV stock reached 52-week highs at $8.13, and all-time highs 2018-01-11 with a price of 10.8.
ASV stock price target is $5.00Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. Currently, only 1 price prediction for ASV stock was published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report on March, ASV rocketed an exceptional 156.00%. As soon as we get its posted EPS from the earnings report, we will extend this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a nice growth of 3.44% to $127.58 M dollars. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) plummed a -26.57% to -25.18%.
|2015||$117 M||-||$0.10 M0.1%||-|
|2016||$104 M||-11.23%||$-1.17 M-1.1%||-1,284.85%|
|2017||$123 M||18.82%||$1.71 M1.4%||-245.69%|
|2018||$128 M||3.44%||$-32.13 M-25.2%||-1,980.05%|
Quarterly financial resultsASV reported $33.07 M in sales for 2018-Q4, a 0.91% improvement compared to previous quarter. Reported quarter earnings marked $-32.74 million with a profit margin of -98.99%. Profit margin collapsed a -100.82% compared to previous quarter when profit margin was 1.83%. When comparing revenues to same quarter last year, ASV sales marked a remarkable gain and escalated a 8.60%. Looking back to recent quarterly results, ASV posted 3 negative quarters in a row.
|2017-Q1||$28 M||-||$0.23 M0.8%||-|
|2017-Q2||$34 M||22.24%||$1.75 M5.1%||654.31%|
|2017-Q3||$31 M||-10.53%||$0.52 M1.7%||-70.17%|
|2017-Q4||$30 M||-0.59%||$-0.80 M-2.6%||-252.49%|
|2018-Q1||$30 M||-1.92%||$-0.31 M-1.0%||-61.43%|
|2018-Q2||$32 M||6.66%||$0.32 M1.0%||-203.91%|
|2018-Q3||$33 M||2.88%||$0.60 M1.8%||87.77%|
|2018-Q4||$33 M||0.91%||$-32.74 M-99.0%||-5,565.94%|
ASV ownershipWhen you are planning to invest in a company, it's worth to have a look its ownership structure.
ASV shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 46.12% of all shares.
In case of ASV stock, 41.48% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ASV stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$69.8 M|
|Total shares||9.9 M|
|Float shares||5.4 M|
|- Institutional holdings (%)||41.5%|
|- Insider holdings (%)||46.1%|
|Shares in short selling||0.0%|
|Tuesday, September 10th, 2019|
|Day range||$7.04 - $7.04|
|Average true range||$0.04|
|50d mov avg||$6.86|
|100d mov avg||$4.55|
|200d mov avg||$3.81|
ASV performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We picked as the bechmarking frame for ASV stock.