Volvo AB (VLVLY)
| Market Cap | 34.60B |
| Revenue (ttm) | 38.86B |
| Net Income (ttm) | 3.14B |
| Shares Out | 2.03B |
| EPS (ttm) | 1.52 |
| PE Ratio | 11.17 |
| Forward PE | 9.36 |
| Dividend | $2.53 (14.85%) |
| Ex-Dividend Date | Apr 7, 2022 |
| Volume | 215,999 |
| Open | 16.84 |
| Previous Close | 16.99 |
| Day's Range | 16.84 - 17.14 |
| 52-Week Range | 15.02 - 27.64 |
| Beta | 1.15 |
| Analysts | Buy |
| Price Target | 22.01 (+29.3%) |
| Earnings Date | n/a |
About VLVLY
AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The company offers trucks for long-haulage, construction, mining, and distribution purposes under the Volvo, UD Trucks, Renault Trucks, Mack, Eicher, Arquus, cellcentric, and Dongfeng Trucks brands; and city and intercity buses, coaches, and bus chassis, as well as associated transport systems under the Prevost and Nova Bus brands. It ...
Analyst Forecast
According to 30 analysts, the average rating for VLVLY stock is "Buy." The 12-month stock price forecast is 22.01, which is an increase of 29.32% from the latest price.
News
Volvo Trucks: First in the world to use fossil-free steel in its trucks
GÖTEBORG, Sweden , May 24, 2022 /PRNewswire/ -- As the world's first truck manufacturer to do so, Volvo is now introducing fossil-free steel in its trucks. The steel is produced by the Swedish steel com...
Volvo Group Capital Markets Day 2022
GÖTEBORG, Sweden , May 19, 2022 /PRNewswire/ -- Volvo Group will hold its Capital Markets Day on June 22, 2022. At the event, executive management will outline the key building blocks in the Volvo Group...
Volvo Trucks opens battery plant in Belgium
GÖTEBORG, Sweden , May 17, 2022 /PRNewswire/ -- Volvo Trucks is opening its very first battery assembly plant. Located in Ghent, Belgium, the plant will supply ready-to-install batteries for Volvo Truck...
The Foundation Assar Gabrielssons fund scholarship recipients 2022 appointed: AB Volvo
GÖTEBORG, Sweden , May 13, 2022 /PRNewswire/ -- The Assar Gabrielsson Foundation has nominated Angela Molinaro as the winner in the basic science research category and Emilia Alfonzo Rodriguez as the wi...
DHL and Volvo Trucks kick-off new zero emission cooperation with order for up to 44 electric trucks
GÖTEBORG, Sweden , May 12, 2022 /PRNewswire/ -- Volvo Trucks and Deutsche Post DHL Group have signed a cooperation agreement to accelerate the shift to zero exhaust emission vehicles. DHL intends to int...
Volvo, DHL get ready for hub-to-hub autonomous trucking
Volvo Autonomous Solutions (VAS) will work with logistics provider DHL Supply Chain on hub-to-hub autonomous freight hauling, joining a rush of fleets and autonomous startups envisioning the future road...
Volvo Cars suffers nearly 25% sales dip in April
Volvo Car Group's monthly sales fell nearly 25% in April from a year ago.
Volvo Cars reports 25% sales drop in April as lockdowns, supply woes weigh
Volvo Car Group's monthly sales fell 24.8% in April from a year ago, the Sweden-based automaker said on Wednesday, as lockdowns in China and global supply chain problems hampered production.
Volvo Cars CEO: Have enough production capacity for a strong H2
Jim Rowan, CEO of Volvo Cars, says his firm has enough production capacity and consumer demand to see through a difficult year of chip shortages and price increases.
Volvo Cars Q1 profit beats forecasts
Volvo Cars reported on Thursday quarterly earnings above expectations and said it expected marginal growth in salesvolumes for the full year 2022 compared to 2021.
Volvo Invests in Carwow, Expecting to Sell Half Its Cars Online by 2025
Volvo Cars has taken a minority stake in Carwow, the European online car retailer, a Financial Times report said Tuesday (April 26). The Swedish brand is looking at selling half its cars online by 2025,...
Volvo Q1 results hold up despite charge for suspending Russia business
Volvo Group posted solid Q1 sales and operating income despite ongoing supply chain interruptions and taking a $423 million charge for suspending its business in Russia. The Gothenborg, Sweden-based tru...
Volvo earnings fall as costs rise, warns of more production stoppages
By Dominic Chopping
Volvo Group - the first quarter 2022
GÖTEBORG, Sweden , April 22, 2022 /PRNewswire/ -- "Economic activity continued to be good in Q1 2022 with high transport volumes and good construction activity in most markets. We increased sales and im...
Truck maker Volvo profit beats forecast
Swedish truck maker AB Volvo reported first-quarter core earnings well above market expectations on Friday as it juggled strong market demand with a strained supply chain that put a cap on its ability t...
Volvo Group sets aside $423M to cover suspending business in Russia
Heavy-duty truck manufacturer AB Volvo is setting aside $423.2 million to cover losses from suspending its business in Russia because of the invasion of Ukraine. Among major truck makers, the Sweden-bas...
Invitation to the Volvo Group report on the first quarter 2022
GÖTEBORG, Sweden , April 8, 2022 /PRNewswire/ -- The Volvo Group report for the first quarter 2022 will be published on April 22, 2022, at 7.20 a.m. CEST. There will be a conference call for press and a...
Financial impact on Volvo Group due to the war in Ukraine
GOTHENBURG, Sweden , April 8, 2022 /PRNewswire/ -- Since the war in Ukraine started and sanctions were imposed, all sales, service and production in Russia have been suspended. The Volvo Group has total...
AB Volvo takes $423 million provision amid Russia-Ukraine uncertainty
AB Volvo will keep provisions worth 4 billion crowns ($423.23 million) and expects a negative impact on its first-quarter operating income this year due to uncertainty caused by the Russia-Ukraine war, ...
Annual General Meeting of AB Volvo
GÖTEBORG, Sweden , April 6, 2022 /PRNewswire/ -- AB Volvo held its Annual General Meeting on April 6, 2022. The Meeting was carried out pursuant to temporary legislation, through postal voting only with...
Volvo Cars says March sales fall 22%, hurt by chip shortage
Volvo Cars said on Monday car sales in March fell 22% to 58,677 cars as the automaker faced shortages of a specific semiconductor.
Maersk orders 110 electric Class 8 trucks from Volvo
Just six months ago, Volvo Trucks North America claimed its largest order of Class 8 electric trucks from Maersk Performance Team, the warehousing, distribution and transportation business of the ocean ...
New Volvo CEO: We Need to Better Control Our Software
Volvo Car AB must take more control of the software it develops and deploys in its vehicles, new CEO Jim Rowan told Bloomberg Tuesday (March 29). Rowan, who took the helm at Volvo last week after the co...
Record order from Maersk for Volvo electric trucks
GÖTEBORG, Sweden , March 29, 2022 /PRNewswire/ -- Volvo Trucks in North America has won an order for 110 Volvo VNR Electric trucks from the global logistics company Maersk. The deal adds to a previous o...
Volvo Cars cuts 2022 sales volume forecast due to chip shortage
Volvo Cars said on Tuesday that a shortage of semi-conductors was hitting production and would likely to continue through the second quarter, forcing it to cut its forecast for vehicle deliveries for th...