Andritz (OTCMKTS:ADRZY) Shares Gap Up – Still a Buy?

Andritz (OTCMKTS:ADRZY) shares gapped up prior to trading on Thursday . The stock had previously closed at $16.31, but opened at $17.5350. Andritz shares last traded at $17.5350, with a volume of 500 shares traded.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ADRZY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a report on Thursday, May 14th. Zacks Research raised shares of Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Andritz Price Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 1.08 and a quick ratio of 0.84. The firm has a market capitalization of $9.12 billion, a PE ratio of 15.94 and a beta of 1.15. The company has a 50-day moving average price of $17.73 and a 200-day moving average price of $16.92.

Andritz (OTCMKTS:ADRZY) last released its earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The firm had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.08 billion. Andritz had a net margin of 5.81% and a return on equity of 20.04%. Sell-side analysts forecast that Andritz will post 1.22 EPS 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.