Acerinox (OTCMKTS:ANIOY) Given Consensus Rating of “Moderate Buy” by Analysts

Acerinox (OTCMKTS:ANIOY) has been given an average rating of “Moderate Buy” by the six brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company.

A number of research analysts recently issued reports on the stock. Jefferies Financial Group upgraded shares of Acerinox to a “strong-buy” rating in a report on Monday, July 13th. Morgan Stanley restated an “overweight” rating on shares of Acerinox in a research report on Monday, June 15th. Citigroup restated a “buy” rating on shares of Acerinox in a research report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Acerinox in a research note on Friday, September 4th. Finally, BNP Paribas Exane lowered shares of Acerinox from a “neutral” rating to an “underperform” rating in a report on Wednesday, July 8th.

Acerinox Price Performance

Shares of ANIOY opened at $10.28 on Thursday. The company has a quick ratio of 0.79, a current ratio of 1.65 and a debt-to-equity ratio of 0.60. The stock has a market cap of $5.13 billion, a PE ratio of 79.08 and a beta of 1.10. Acerinox has a 12-month low of $6.12 and a 12-month high of $10.74. The business has a 50-day simple moving average of $9.90 and a two-hundred day simple moving average of $8.76.

Acerinox (OTCMKTS:ANIOY) last announced its quarterly earnings results on Friday, July 24th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $3.51 billion. Acerinox had a return on equity of 2.59% and a net margin of 0.95%. Analysts anticipate that Acerinox will post 0.51 earnings per share for the current fiscal year.

Acerinox Company Profile

Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.

The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.