Andritz (OTCMKTS:ADRZY) Shares Gap Down – What’s Next?

Andritz (OTCMKTS:ADRZY) gapped down before the market opened on Thursday . The stock had previously closed at $17.5828, but opened at $16.73. Andritz shares last traded at $16.71, with a volume of 403 shares trading hands.

Analysts Set New Price Targets

A number of brokerages have commented on ADRZY. Zacks Research cut shares of Andritz from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Andritz Stock Performance

The company has a debt-to-equity ratio of 0.23, a current ratio of 1.13 and a quick ratio of 0.88. The firm’s 50 day moving average is $16.10 and its 200 day moving average is $16.20. The company has a market capitalization of $8.65 billion, a PE ratio of 15.12 and a beta of 1.13.

Andritz (OTCMKTS:ADRZY) last issued its earnings results on Wednesday, April 29th. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.02). Andritz had a return on equity of 20.19% and a net margin of 5.81%.The firm had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.08 billion. As a group, equities analysts predict that Andritz will post 1.24 EPS for the current year.

Andritz Company Profile

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.