Voestalpine (OTCMKTS:VLPNY – Get Free Report) issued its earnings results on Wednesday. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.21 by $0.02, Zacks reports. Voestalpine had a return on equity of 3.55% and a net margin of 1.75%.
Voestalpine Stock Performance
Shares of VLPNY stock opened at $10.66 on Wednesday. Voestalpine has a fifty-two week low of $4.80 and a fifty-two week high of $11.78. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.45 and a current ratio of 1.33. The stock has a 50 day simple moving average of $9.94 and a two-hundred day simple moving average of $9.52. The company has a market cap of $9.13 billion, a P/E ratio of 31.34 and a beta of 1.43.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on VLPNY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Voestalpine in a report on Thursday, February 12th. Morgan Stanley reaffirmed an “overweight” rating on shares of Voestalpine in a research note on Tuesday, February 24th. Citigroup restated a “neutral” rating on shares of Voestalpine in a report on Friday, April 17th. Finally, Barclays reiterated an “overweight” rating on shares of Voestalpine in a research report on Monday, February 23rd. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Voestalpine has a consensus rating of “Moderate Buy”.
About Voestalpine
Voestalpine AG is a leading steel-based technology and capital goods group headquartered in Linz, Austria. The company specializes in the production of high-quality steel and sophisticated components for a range of industries, including automotive, railway systems, aerospace, energy, and construction. It operates across all major processing steps in steel production, from raw‐material processing and steelmaking to downstream activities such as coating, processing, and assembly.
Voestalpine’s portfolio is organized into several business divisions.
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