Andritz (OTCMKTS:ADRZY – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01), Zacks reports. Andritz had a return on equity of 20.04% and a net margin of 5.81%.
Andritz Price Performance
Andritz stock traded up $2.26 during midday trading on Thursday, hitting $19.51. The company’s stock had a trading volume of 225 shares, compared to its average volume of 2,187. The company has a quick ratio of 0.84, a current ratio of 1.08 and a debt-to-equity ratio of 0.22. The stock’s 50-day moving average price is $17.63 and its 200-day moving average price is $17.04. Andritz has a 12 month low of $13.59 and a 12 month high of $19.51. The company has a market capitalization of $10.15 billion, a PE ratio of 17.74 and a beta of 1.15.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on the stock. Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Andritz currently has an average rating of “Moderate Buy”.
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.
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