Alfa Laval (OTCMKTS:ALFVY) Announces Earnings Results

Alfa Laval (OTCMKTS:ALFVY) posted its quarterly earnings data on Tuesday. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.10), Zacks reports. Alfa Laval had a return on equity of 18.93% and a net margin of 11.83%.

Alfa Laval Stock Down 0.8%

Alfa Laval stock traded down $0.46 during midday trading on Tuesday, reaching $57.51. The stock had a trading volume of 637 shares, compared to its average volume of 17,618. Alfa Laval has a 12 month low of $42.82 and a 12 month high of $62.95. The company has a market capitalization of $23.77 billion, a P/E ratio of 27.52, a PEG ratio of 3.33 and a beta of 1.14. The company has a fifty day moving average price of $57.64 and a two-hundred day moving average price of $57.03. The company has a current ratio of 1.38, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

Analyst Ratings Changes

Several equities research analysts recently commented on ALFVY shares. Citigroup restated a “neutral” rating on shares of Alfa Laval in a research report on Monday, July 13th. Pareto Securities lowered Alfa Laval from a “buy” rating to a “hold” rating in a research note on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a research report on Wednesday, June 24th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold”.

Alfa Laval Company Profile

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.