ASV stock: buy or sell?

ASV stock price: $1.77 5.99% At close on June 26th, 2019

Updated on:
June 26th, 2019

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After sliding for 4 days, Wednesday ASV skyrocketed a dazzling 5.99%, closing at $1.77. Last session broke a streak of 4 red days. On Thursday ASV plunged a spooky -5.32%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.

Is ASV a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-2-7Barrington Researchn/aBuy

ASV stock analysis

Daily outlook

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 stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $5.00

Nobody 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:
ASV stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-2-7Barrington ResearchReiteratesn/a$5.00-
(in average)$0.00$5.000.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on March, ASV plunged a hair-raising -35.64%. Unfortunately, reported EPS is not yet available in our database.
ASV earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-03-220.070.05-28.6%
2018-Q12018-05-080.080.02-75.0%
2018-Q22018-08-090.130.03-76.9%
2018-Q32018-11-010.050.050.0%
2018-Q42019-03-29-0.030.01n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 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%.

ASV annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2015$117 M-$0.10 M0.1%-
2016$104 M-11.23%$-1.17 M-1.1%-1,284.85%
2017$123 M18.82%$1.71 M1.4%-245.69%
2018$128 M3.44%$-32.13 M-25.2%-1,980.05%

Quarterly financial results

ASV 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.
ASV quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$28 M-$0.23 M0.8%-
2017-Q2$34 M22.24%$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 M6.66%$0.32 M1.0%-203.91%
2018-Q3$33 M2.88%$0.60 M1.8%87.77%
2018-Q4$33 M0.91%$-32.74 M-99.0%-5,565.94%

ASV ownership

When 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:

ASVMTWPLOWTEX
Market cap$17.5 M$622.0 M$903.1 M$2.2 B
Total shares9.9 M35.8 M22.8 M71.2 M
Float shares5.4 M32.0 M22.1 M63.6 M
  - Institutional holdings (%)41.5%84.0%91.8%99.9%
  - Insider holdings (%)46.1%1.9%3.0%3.4%
Shares in short selling0.0%0.0%0.0%0.0%

ASV summary

Wednesday, June 26th, 2019
Open$1.75
Close$1.77
Day range$1.60 - $1.83
Previous close$1.67
Session gain5.99%
Average true range$0.27
50d mov avg$2.22
100d mov avg$2.71
200d mov avg$3.45
Daily patternlt06c
Weekly pattern lb06a

ASV performance

To 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:
Stock3m6m12m
ASV -35.64%-16.11%-69.43%
MTWManitowoc5.91%20.19%-32.79%
PLOWDouglas Dynamics4.79%12.34%-15.16%
TEXTerex-3.91%13.68%-26.19%

ASV competitors

We chose a few stocks to conform a list of ASV competitors to review if you are interested in investing in ASV: