Electrolux AB (OTCMKTS:ELUXY – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $11.6250, but opened at $11.13. Electrolux shares last traded at $11.17, with a volume of 231 shares.
Analyst Ratings Changes
A number of research firms have recently weighed in on ELUXY. Zacks Research lowered Electrolux from a “hold” rating to a “strong sell” rating in a report on Friday, May 1st. Rothschild & Co Redburn lowered Electrolux from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Citigroup restated a “neutral” rating on shares of Electrolux in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Electrolux in a report on Monday, February 2nd. Finally, The Goldman Sachs Group upgraded Electrolux to a “hold” rating in a report on Friday, March 27th. Four equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Electrolux presently has an average rating of “Reduce”.
Get Our Latest Analysis on ELUXY
Electrolux Stock Down 0.1%
Electrolux (OTCMKTS:ELUXY – Get Free Report) last posted its earnings results on Friday, April 24th. The company reported ($0.38) earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.61). The company had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.40 billion. Electrolux had a net margin of 0.27% and a return on equity of 4.03%. On average, research analysts expect that Electrolux AB will post -0.07 EPS for the current 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.
See Also
- Five stocks we like better than Electrolux
- D-Wave Earnings Looked Weak, But Investors May Be Missing This
- Nebius Upside Expands as AI Feedback Loop Intensifies
- Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell
- Plug Power Flips The Switch On Profitability
Receive News & Ratings for Electrolux Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electrolux and related companies with MarketBeat.com's FREE daily email newsletter.
