Short Interest in Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Increases By 94.0%

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 8,228 shares, an increase of 94.0% from the February 26th total of 4,242 shares. Based on an average daily volume of 62,196 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Zacks Research cut shares of Alfa Laval from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. Barclays reissued an “overweight” rating on shares of Alfa Laval in a report on Wednesday, December 3rd. Morgan Stanley restated an “underweight” rating on shares of Alfa Laval in a research report on Monday, February 23rd. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a report on Monday, December 15th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a research report on Thursday, February 5th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Alfa Laval Stock Down 2.3%

Alfa Laval stock opened at $54.34 on Friday. The stock has a market capitalization of $22.46 billion, a PE ratio of 26.64, a price-to-earnings-growth ratio of 2.61 and a beta of 1.20. Alfa Laval has a 12 month low of $36.86 and a 12 month high of $59.48. The business has a 50 day simple moving average of $56.76 and a 200-day simple moving average of $51.23. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.18 and a quick ratio of 0.75.

Alfa Laval (OTCMKTS:ALFVY) last announced its earnings results on Tuesday, February 3rd. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.12). Alfa Laval had a net margin of 11.86% and a return on equity of 19.71%. The business had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.03 billion. On average, analysts anticipate that Alfa Laval will post 1.85 EPS for the current fiscal year.

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.