ASV stock: buy or sell?
June 26th, 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?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, ASV stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|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?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we found 1 rating published for ASV stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
ASV stock analysis
After sliding for 4 sessions, Wednesday ASV skyrocketed a dazzling 5.99%, closing at $1.77.
After sliding for 4 days, Wednesday ASV skyrocketed a dazzling 5.99%, closing at $1.77. Since last March when ASV stock price broke down the SMA100d line, it slid $-1.43 per share (-44.69%).
ASV closed this week at $1.77 and decreased an ugly -1.67%. By mid June ASV plummed a scary -12.43% in just one week. With this, it's been 4 sliding weeks in a row, loosing $-0.33 (-16.50%).
Since price and 20-weeks moving average lines crossed down by mid March, ASV fell $-1.35 per share (-43.27%).
ASV stock price history
ASV stock went public on May 12th, 2017 with a price of $7.451. Since then, ASV stock sliced a -76.20%, with a yearly average of -38.10%.
1: Adjusted price after possible price splits or reverse-splits.
ASV stock historical price chart
ASV stock reached 52-week highs on August 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. You should not follow the analysts' ASV stock price predictions in the hope that they will be met as they may be wrong and not met. Currently, only 1 price forecast for ASV stock was posted in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on March, ASV plunged a hair-raising -35.64%. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, ASV annual revenues gained a fine 3.44% to $127.58 million USD from $123.34 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) plunged 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 million 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 plummed a -100.82% compared to previous quarter when profit margin was 1.83%. When comparing sales to same quarter last year, ASV sales marked a pretty good increase and soared 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 buy a company, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For ASV, 46.12% of all outstanding shares are owned by its staff.
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.
The following table compares ownership indicators for other stocks related to ASV:
|Market cap||$17.5 M||$622.0 M||$903.1 M||$2.2 B|
|Total shares||9.9 M||35.8 M||22.8 M||71.2 M|
|Float shares||5.4 M||32.0 M||22.1 M||63.6 M|
|- Institutional holdings (%)||41.5%||84.0%||91.8%||99.9%|
|- Insider holdings (%)||46.1%||1.9%||3.0%||3.4%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%|
|Wednesday, June 26th, 2019|
|Day range||$1.60 - $1.83|
|Average true range||$0.27|
|50d mov avg||$2.22|
|100d mov avg||$2.71|
|200d mov avg||$3.45|
ASV performanceTo better understand ASV performance you must becnhmark its gains with other related stocks in same sector or industry. We compared ASV against Manitowoc, Douglas Dynamics and Terex in the following table: