Andritz (OTCMKTS:ADRZY) Stock Rating Upgraded by Zacks Research

Andritz (OTCMKTS:ADRZY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Andritz Stock Down 6.8%

Shares of Andritz stock opened at $16.14 on Tuesday. The company has a market cap of $8.39 billion, a P/E ratio of 14.67 and a beta of 1.15. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.13. Andritz has a one year low of $13.59 and a one year high of $19.20. The firm has a fifty day moving average of $17.75 and a two-hundred day moving average of $16.87.

Andritz (OTCMKTS:ADRZY) last released its earnings results on Wednesday, April 29th. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.02). Andritz had a return on equity of 20.19% and a net margin of 5.81%.The firm had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.08 billion. On average, analysts forecast that Andritz will post 1.24 earnings per share 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.