Shares of Electrolux AB (OTCMKTS:ELUXY – Get Free Report) hit a new 52-week low on Monday . The company traded as low as $5.1150 and last traded at $5.16, with a volume of 643 shares changing hands. The stock had previously closed at $5.1775.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Rothschild & Co Redburn lowered Electrolux from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. The Goldman Sachs Group upgraded Electrolux to a “hold” rating in a research report on Friday, March 27th. Finally, Zacks Research upgraded Electrolux from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.
View Our Latest Research Report on Electrolux
Electrolux Price Performance
Electrolux (OTCMKTS:ELUXY – Get Free Report) last posted its earnings results on Friday, April 24th. The company reported ($0.38) EPS for the quarter, missing the consensus estimate of $0.23 by ($0.61). Electrolux had a net margin of 0.27% and a return on equity of 4.03%. The firm had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.40 billion. On average, sell-side analysts anticipate that Electrolux AB will post 0.05 earnings per share for the current fiscal year.
Electrolux Company Profile
Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company’s product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.
Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world’s largest appliance makers.
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