Andritz (OTCMKTS:ADRZY – Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $17.25, but opened at $20.33. Andritz shares last traded at $20.33, with a volume of 1,098 shares changing hands.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on ADRZY shares. Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Andritz currently has an average rating of “Moderate Buy”.
Get Our Latest Report on ADRZY
Andritz Stock Up 17.9%
Andritz (OTCMKTS:ADRZY – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). Andritz had a net margin of 5.81% and a return on equity of 20.04%. The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.23 billion. As a group, sell-side analysts anticipate that Andritz will post 1.22 earnings per share for the current fiscal year.
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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