Andritz (OTCMKTS:ADRZY) Raised to Strong-Buy at Zacks Research

Andritz (OTCMKTS:ADRZY) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat, Andritz currently has a consensus rating of “Strong Buy”.

Andritz Trading Down 3.7%

Shares of OTCMKTS:ADRZY traded down $0.62 during mid-day trading on Monday, hitting $16.16. The company had a trading volume of 315 shares, compared to its average volume of 1,417. The firm has a fifty day moving average price of $16.39 and a 200 day moving average price of $15.74. The company has a market capitalization of $8.40 billion, a PE ratio of 15.10 and a beta of 1.09. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.13 and a quick ratio of 0.88. Andritz has a one year low of $11.96 and a one year high of $18.81.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings data on Thursday, March 5th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.79 billion. Andritz had a net margin of 5.81% and a return on equity of 20.46%. As a group, research analysts forecast that Andritz will post 1.1 EPS for the current year.

Andritz Company Profile

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.