Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Given Average Recommendation of “Hold” by Brokerages

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) has been assigned an average rating of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company.

Several brokerages recently weighed in on ALFVY. Pareto Securities raised shares of Alfa Laval from a “hold” rating to a “buy” rating in a research report on Wednesday, July 22nd. Citigroup reissued a “neutral” rating on shares of Alfa Laval in a research note on Friday, August 7th. Royal Bank Of Canada restated an “outperform” rating on shares of Alfa Laval in a report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a report on Wednesday, July 22nd.

Alfa Laval Stock Performance

ALFVY opened at $54.88 on Tuesday. Alfa Laval has a 1-year low of $44.75 and a 1-year high of $62.95. The company has a market cap of $22.68 billion, a price-to-earnings ratio of 26.01, a PEG ratio of 3.81 and a beta of 1.13. The company’s fifty day moving average price is $58.52 and its two-hundred day moving average price is $57.87. The company has a current ratio of 1.12, a quick ratio of 0.69 and a debt-to-equity ratio of 0.19.

Alfa Laval (OTCMKTS:ALFVY) last issued its quarterly earnings data on Tuesday, July 21st. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.10). The business had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.87 billion. Alfa Laval had a net margin of 11.63% and a return on equity of 18.41%. On average, analysts expect that Alfa Laval will post 2.33 EPS for the current fiscal year.

About Alfa Laval

Alfa Laval AB is a Swedish industrial technology company that develops products and systems for heat transfer, separation and fluid handling. Its equipment is used to improve energy efficiency, support production processes and manage fluids across a range of industrial and commercial applications.

The company’s product portfolio includes heat exchangers, centrifugal separators, decanters, pumps, valves, fluid-processing equipment and related systems. Alfa Laval serves customers in industries such as energy, food and beverage, pharmaceuticals, chemicals, wastewater treatment and marine transportation.