Barrington Thinks ASV Holdings Inc’s Stock is Going to Recover
In a report released today, Christopher Howe from Barrington maintained a Buy rating on ASV Holdings Inc (ASV), with a price target of $5. The company’s shares opened today at $3.02, close to its 52-week low of $1.99.
According to TipRanks.com, Howe is ranked #4735 out of 5259 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ASV Holdings Inc with a $5 average price target.
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Based on ASV Holdings Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $599K. In comparison, last year the company had a GAAP net loss of $795K.
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ASV Holdings, Inc. engages in the design and manufacture of compact track loaders and skid steer loaders. The firm provides pre and post-sale dealer support, after-sale technical support and replacement parts supply. It distributes and offers products under the ASV and Terex brands.