Alfa Laval (OTCMKTS:ALFVY) Posts Earnings Results, Misses Estimates By $0.01 EPS

Alfa Laval (OTCMKTS:ALFVY) issued its quarterly earnings data on Tuesday. The company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.01), Zacks reports. Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%.

Alfa Laval Stock Performance

OTCMKTS:ALFVY traded up $0.32 during mid-day trading on Tuesday, hitting $55.25. The stock had a trading volume of 1,407 shares, compared to its average volume of 19,073. Alfa Laval has a 52 week low of $44.78 and a 52 week high of $62.95. The stock has a market capitalization of $22.84 billion, a price-to-earnings ratio of 26.18, a P/E/G ratio of 3.80 and a beta of 1.12. The company has a 50 day simple moving average of $57.34 and a 200-day simple moving average of $57.41. The company has a current ratio of 1.12, a quick ratio of 0.69 and a debt-to-equity ratio of 0.19.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ALFVY. Pareto Securities upgraded shares of Alfa Laval from a “hold” rating to a “buy” rating in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a report on Wednesday, July 22nd. Royal Bank Of Canada restated an “outperform” rating on shares of Alfa Laval in a report on Thursday, July 30th. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research note on Friday, August 7th. Finally, Danske cut shares of Alfa Laval to a “hold” rating in a report on Tuesday, September 29th. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Alfa Laval currently has an average rating of “Hold”.

Alfa Laval Company Profile

Alfa Laval AB is a Swedish industrial company that develops and supplies products and systems for heat transfer, separation and fluid handling. Its technologies are used to improve energy efficiency, manage industrial processes and support the treatment of liquids, gases and other materials.

The company’s offerings include heat exchangers, centrifugal separators, pumps, valves, hygienic fluid-handling equipment, tank-cleaning systems and related process solutions. Alfa Laval serves customers in industries such as energy, food and beverage, pharmaceuticals, chemicals, wastewater treatment, marine transportation and other industrial markets.

Alfa Laval traces its origins to 1883, when Swedish engineer and inventor Gustaf de Laval founded the company that became associated with its separator technology.