Alfa Laval AB Unsponsored ADR (ALFVY) – What Are Brokerages Saying About This Stock?

Shares of Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) have received an average rating of “Hold” from the eight brokerages that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and four have assigned a buy recommendation to the company.

A number of equities analysts recently issued reports on ALFVY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a research report on Wednesday, July 22nd. Danske cut shares of Alfa Laval to a “hold” rating in a research note on Tuesday, September 29th. Citigroup restated a “neutral” rating on shares of Alfa Laval in a research report on Friday, August 7th. Zacks Research lowered shares of Alfa Laval from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Finally, Pareto Securities upgraded shares of Alfa Laval from a “hold” rating to a “buy” rating in a report on Wednesday, July 22nd.

Alfa Laval Stock Performance

Shares of ALFVY traded up $0.13 during mid-day trading on Friday, reaching $57.62. 20,395 shares of the company’s stock traded hands, compared to its average volume of 16,707. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.69 and a current ratio of 1.12. The business’s 50-day moving average price is $57.67 and its 200-day moving average price is $57.95. The stock has a market capitalization of $23.82 billion, a P/E ratio of 27.31, a price-to-earnings-growth ratio of 4.02 and a beta of 1.12. Alfa Laval has a 12 month low of $44.78 and a 12 month high of $62.95.

Alfa Laval (OTCMKTS:ALFVY) last released its quarterly earnings results on Tuesday, July 21st. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.10). The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.87 billion. Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%. Equities analysts predict that Alfa Laval will post 2.25 earnings per share for the current year.

Alfa Laval Company Profile

Alfa Laval AB is a Sweden-based industrial technology company that develops products and systems for heat transfer, separation and fluid handling. Its solutions are used to improve energy efficiency, support clean-water and wastewater treatment, process food and beverages, and handle industrial fluids in a range of applications.

The company’s offerings include heat exchangers, separators, decanters, pumps, valves, hygienic equipment and related process systems. Alfa Laval serves customers in industries such as energy, marine transportation, food and beverage, chemicals, pharmaceuticals, water treatment and general manufacturing.

Founded in 1883 by Swedish engineer Gustaf de Laval, the company has grown into a global business with sales, service operations and manufacturing activities across Europe, North America, Asia and other international markets.