Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Short Interest Update

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVYGet Free Report) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 3,472 shares, a decrease of 73.2% from the April 15th total of 12,978 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 19,189 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ALFVY. Zacks Research downgraded Alfa Laval from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a research report on Thursday, February 5th. Citigroup reiterated a “neutral” rating on shares of Alfa Laval in a research report on Thursday, April 9th. Morgan Stanley reiterated an “underweight” rating on shares of Alfa Laval in a research report on Monday, February 23rd. Finally, Pareto Securities downgraded Alfa Laval from a “buy” rating to a “hold” rating in a research report on Wednesday, April 8th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Read Our Latest Report on ALFVY

Alfa Laval Price Performance

Shares of ALFVY stock opened at $58.31 on Thursday. The company has a quick ratio of 0.75, a current ratio of 1.18 and a debt-to-equity ratio of 0.22. Alfa Laval has a twelve month low of $40.27 and a twelve month high of $62.95. The company has a market cap of $24.10 billion, a P/E ratio of 27.90, a P/E/G ratio of 3.24 and a beta of 1.18. The business has a fifty day simple moving average of $57.41 and a 200 day simple moving average of $53.84.

Alfa Laval (OTCMKTS:ALFVYGet Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.05). Alfa Laval had a return on equity of 19.77% and a net margin of 11.83%.The business had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.78 billion. On average, sell-side analysts forecast that Alfa Laval will post 2.4 EPS for the current fiscal year.

Alfa Laval Company Profile

(Get Free Report)

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.

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