Brokers Issue Forecasts for ORIENT Ovs Intl/ADR’s FY2018 Revenue (OTCMKTS:OROVY)

Brokers Issue Forecasts for ORIENT Ovs Intl/ADR’s FY2018 Revenue (OTCMKTS:OROVY)

ORIENT Ovs Intl/ADR (OTCMKTS:OROVY) – Research analysts at Jefferies Financial Group upped their FY2018 earnings estimates for ORIENT Ovs Intl/ADR in a report released on Tuesday, October 23rd, Zacks Investment Research reports. Jefferies Financial Group analyst A. Lee now forecasts that the company will earn $0.60 per share for the year, up from their prior estimate of $0.55. Jefferies Financial Group also issued estimates for ORIENT Ovs Intl/ADR’s FY2020 earnings at $0.75 EPS.

Separately, Zacks Investment Research upgraded shares of ORIENT Ovs Intl/ADR from a “hold” rating to a “buy” rating and set a $56.00 price objective for the company in a report on Thursday, October 25th.

Shares of OROVY remained flat at $$49.63 during trading on Wednesday. ORIENT Ovs Intl/ADR has a 1 year low of $49.43 and a 1 year high of $49.63. The firm has a market capitalization of $6.21 billion, a P/E ratio of 45.12 and a beta of 0.68. The company has a current ratio of 2.20, a quick ratio of 2.12 and a debt-to-equity ratio of 0.78.

About ORIENT Ovs Intl/ADR

Orient Overseas (International) Limited, an investment holding company, provides container transportation and logistics services worldwide. The company offers trunk and intermodal services; freight management services and IT solutions; supply-chain management and distribution services; and containerized shipping services in various trade lanes comprising Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades.

Read More: Stock Selection – What is cash flow?

Get a free copy of the Zacks research report on ORIENT Ovs Intl/ADR (OROVY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Related posts

Leave a Comment