Electrolux AB (ELUXY) – What Are Investment Firms Thinking About This Stock?

Electrolux AB (OTCMKTS:ELUXY) has been assigned an average recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the company.

ELUXY has been the subject of several recent research reports. Zacks Research lowered shares of Electrolux from a “hold” rating to a “strong sell” rating in a research report on Friday, October 23rd. Dnb Carnegie raised shares of Electrolux from a “hold” rating to a “strong-buy” rating in a research note on Tuesday.

Electrolux Stock Up 4.3%

ELUXY opened at $5.55 on Wednesday. The company’s 50-day moving average price is $5.49 and its 200 day moving average price is $10.24. Electrolux has a fifty-two week low of $4.63 and a fifty-two week high of $19.83. The firm has a market cap of $785.54 million, a price-to-earnings ratio of -7.12 and a beta of 1.22.

Electrolux (OTCMKTS:ELUXY) last issued its quarterly earnings data on Friday, October 23rd. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.12). The company had revenue of $3.42 billion during the quarter, compared to analysts’ expectations of $3.35 billion. Research analysts anticipate that Electrolux will post 0.26 earnings per share for the current year.

Electrolux Company Profile

Electrolux Group is a Swedish home-appliance manufacturer headquartered in Stockholm. Founded in 1919, the company develops and sells appliances and related solutions for food preservation and preparation, laundry care, dishwashing, and household cleaning.

Its product portfolio includes refrigerators, freezers, ovens, cooktops, range hoods, washing machines, tumble dryers, dishwashers, vacuum cleaners, and air-care products. The group markets products under brands including Electrolux, AEG, and Frigidaire, with offerings tailored to residential consumers and, in selected markets, professional customers.

Electrolux serves customers across Europe, North America, Latin America, Asia-Pacific, and other international markets through retail, distribution, and direct channels.