Alfa Laval (OTCMKTS:ALFVY – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.10), Zacks reports. Alfa Laval had a return on equity of 18.93% and a net margin of 11.83%.
Alfa Laval Stock Down 0.8%
Shares of ALFVY stock traded down $0.46 on Tuesday, hitting $57.51. The stock had a trading volume of 656 shares, compared to its average volume of 17,618. Alfa Laval has a one year low of $42.82 and a one year high of $62.95. The business has a 50 day moving average price of $57.64 and a 200 day moving average price of $57.03. The company has a market cap of $23.77 billion, a PE ratio of 27.52, a P/E/G ratio of 3.33 and a beta of 1.14. The company has a quick ratio of 0.84, a current ratio of 1.38 and a debt-to-equity ratio of 0.29.
Analysts Set New Price Targets
Several equities analysts recently commented on ALFVY shares. Citigroup restated a “neutral” rating on shares of Alfa Laval in a research report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a research report on Wednesday, June 24th. Finally, Pareto Securities cut shares of Alfa Laval from a “buy” rating to a “hold” rating in a research report on Wednesday, April 8th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold”.
About Alfa Laval
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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