Fintel reports that on August 4, 2024, EQUITA SIM upgraded their outlook for OVS S.p.A. (BIT:OVS) from Hold to Buy.
Analyst Price Forecast Suggests 41.55% Upside
As of August 5, 2024, the average one-year price target for OVS S.p.A. is €3.50/share. The forecasts range from a low of €2.93 to a high of €4.72. The average price target represents an increase of 41.55% from its latest reported closing price of €2.47 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for OVS S.p.A. is 1,657MM, an increase of 2.60%. The projected annual non-GAAP EPS is 0.28.
OVS S.p.A. Maintains 4.20% Dividend Yield
At the most recent price, the company’s dividend yield is 4.20%.
Additionally, the company’s dividend payout ratio is 0.41. The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company’s income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
What is the Fund Sentiment?
There are 52 funds or institutions reporting positions in OVS S.p.A.. This is an decrease of 3 owner(s) or 5.45% in the last quarter. Average portfolio weight of all funds dedicated to OVS is 0.06%, an increase of 14.31%. Total shares owned by institutions decreased in the last three months by 7.43% to 20,881K shares.
What are Other Shareholders Doing?
AVDV - Avantis International Small Cap Value ETF holds 5,453K shares representing 2.51% ownership of the company. In its prior filing, the firm reported owning 5,439K shares , representing an increase of 0.25%. The firm increased its portfolio allocation in OVS by 9.24% over the last quarter.
DISVX - Dfa International Small Cap Value Portfolio - Institutional Class holds 5,039K shares representing 2.32% ownership of the company. No change in the last quarter.
Dfa Investment Trust Co - The Continental Small Company Series holds 1,548K shares representing 0.71% ownership of the company. In its prior filing, the firm reported owning 1,489K shares , representing an increase of 3.81%. The firm increased its portfolio allocation in OVS by 8.53% over the last quarter.
DFIEX - International Core Equity Portfolio - Institutional Class holds 1,377K shares representing 0.63% ownership of the company. No change in the last quarter.
IEFA - iShares Core MSCI EAFE ETF holds 1,079K shares representing 0.50% ownership of the company. In its prior filing, the firm reported owning 1,041K shares , representing an increase of 3.51%. The firm increased its portfolio allocation in OVS by 7.35% over the last quarter.
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