ASV stock: buy or sell?

ASV stock price: $7.04 0.00% At close on September 10th, 2019

Updated on:
September 10th, 2019

0

ASV shares remained stable 0.00% to $7.04 on September/10.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ASV will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.

Is ASV a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-5Barrington Researchn/aHold
2019-6-27Barrington ResearchOutperformMarket Perform
2019-2-7Barrington Researchn/aBuy

ASV stock analysis

Daily outlook

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%).

ASV stock chart (daily)

Weekly outlook

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 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 -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 $5.00

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. 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:
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 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.
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

Compared 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%.

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 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.
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 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:

ASV
Market cap$69.8 M
Total shares9.9 M
Float shares5.4 M
  - Institutional holdings (%)41.5%
  - Insider holdings (%)46.1%
Shares in short selling0.0%

ASV summary

Tuesday, September 10th, 2019
Open$7.04
Close$7.04
Day range$7.04 - $7.04
Previous close$7.04
Session gain0.00%
Average true range$0.04
50d mov avg$6.86
100d mov avg$4.55
200d mov avg$3.81
Daily pattern
Weekly pattern

ASV performance

Stocks 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.
Stock3m6m12m
ASV 280.54%125.64%21.17%

ASV competitors

Unfortunately, we could not find any public company that could be defined as ASV competitor. This doesn't mean ASV does not have any competitor in the market, it's just we could not detected it.