Alfa Laval (OTCMKTS:ALFVY) Posts Quarterly Earnings Results, Misses Estimates By $0.05 EPS

Alfa Laval (OTCMKTS:ALFVY) announced its earnings results on Wednesday. The company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.05), Zacks reports. Alfa Laval had a return on equity of 19.71% and a net margin of 11.86%.

Alfa Laval Stock Performance

ALFVY stock remained flat at $61.17 during trading on Wednesday. 8,128 shares of the company traded hands, compared to its average volume of 17,196. The stock has a 50-day simple moving average of $57.19 and a 200 day simple moving average of $52.75. Alfa Laval has a one year low of $40.27 and a one year high of $62.95. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.75 and a current ratio of 1.18.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ALFVY. Morgan Stanley reissued an “underweight” rating on shares of Alfa Laval in a research report on Monday, February 23rd. Citigroup reiterated a “neutral” rating on shares of Alfa Laval in a research note on Thursday, April 9th. Pareto Securities cut Alfa Laval from a “buy” rating to a “hold” rating in a research note on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a research note on Thursday, February 5th. Finally, Zacks Research downgraded shares of Alfa Laval from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Alfa Laval Company Profile

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.