Electrolux (OTCMKTS:ELUXY – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.20, Zacks reports. Electrolux had a net margin of 0.27% and a return on equity of 4.03%.
Electrolux Price Performance
Shares of ELUXY traded up $1.08 during trading hours on Wednesday, hitting $6.26. The stock had a trading volume of 7,506 shares, compared to its average volume of 9,663. The company has a debt-to-equity ratio of 3.19, a current ratio of 0.94 and a quick ratio of 0.60. The stock has a market capitalization of $886.04 million, a price-to-earnings ratio of 24.08, a P/E/G ratio of 0.75 and a beta of 1.15. Electrolux has a 52 week low of $4.63 and a 52 week high of $19.83. The company’s fifty day moving average is $9.08 and its two-hundred day moving average is $12.40.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on ELUXY shares. Rothschild & Co Redburn downgraded Electrolux from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Zacks Research raised shares of Electrolux from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Five analysts have rated the stock with a Hold rating, According to MarketBeat.com, Electrolux presently has an average rating of “Hold”.
Electrolux Company Profile
Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company’s product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.
Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world’s largest appliance makers.
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