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

Andritz (OTCMKTS:ADRZY) shares gapped up before the market opened on Friday . The stock had previously closed at $17.1545, but opened at $18.4424. Andritz shares last traded at $18.4424, with a volume of 173 shares.

Wall Street Analysts Forecast Growth

ADRZY has been the topic of several recent research reports. Zacks Research downgraded Andritz from a “hold” rating to a “strong sell” rating in a report on Monday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Andritz Trading Up 7.5%

The firm has a market cap of $9.59 billion, a PE ratio of 16.77 and a beta of 1.14. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. The business has a fifty day moving average price of $16.95 and a 200 day moving average price of $16.47.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). Andritz had a net margin of 5.81% and a return on equity of 20.19%. The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.08 billion. Analysts forecast that Andritz will post 1.24 EPS for the current year.

About Andritz

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.