Zacks Research Downgrades Andritz (OTCMKTS:ADRZY) to Hold

Andritz (OTCMKTS:ADRZY) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a research report on Tuesday, April 14th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Andritz has a consensus rating of “Moderate Buy”.

Andritz Stock Performance

OTCMKTS:ADRZY opened at $16.75 on Thursday. The company has a market capitalization of $8.71 billion, a PE ratio of 15.23 and a beta of 1.13. The company has a 50 day simple moving average of $15.99 and a two-hundred day simple moving average of $15.89. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.13. Andritz has a fifty-two week low of $13.59 and a fifty-two week high of $18.81.

Andritz (OTCMKTS:ADRZY) last released its earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.08 billion. Andritz had a net margin of 5.81% and a return on equity of 20.19%. Research analysts anticipate that Andritz will post 1.24 earnings per share for the current year.

About Andritz

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.