Andritz (OTCMKTS:ADRZY) Shares Gap Up – Should You Buy?

Andritz (OTCMKTS:ADRZY)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $15.59, but opened at $16.80. Andritz shares last traded at $16.80, with a volume of 270 shares.

Analysts Set New Price Targets

ADRZY has been the subject of several analyst reports. Zacks Research upgraded Andritz from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research note on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to data from MarketBeat.com, Andritz has a consensus rating of “Strong Buy”.

Andritz Price Performance

The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. The firm has a market cap of $8.85 billion, a PE ratio of 15.47 and a beta of 1.09. The stock has a 50 day simple moving average of $15.99 and a 200-day simple moving average of $15.89.

Andritz (OTCMKTS:ADRZY) last issued its quarterly 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). Andritz had a return on equity of 20.19% and a net margin of 5.81%.The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.08 billion. Equities analysts anticipate that Andritz will post 1.56 earnings per share for the current fiscal 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.