Shares of Andritz (OTCMKTS:ADRZY – Get Free Report) reached a new 52-week high on Thursday . The company traded as high as $19.51 and last traded at $19.51, with a volume of 200 shares trading hands. The stock had previously closed at $17.5350.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the company. Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reiterated 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 given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.
Get Our Latest Stock Report on Andritz
Andritz Stock Performance
Andritz (OTCMKTS:ADRZY – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01). The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.23 billion. Andritz had a return on equity of 19.95% and a net margin of 5.77%. On average, analysts forecast that Andritz will post 1.22 EPS for the current year.
Andritz Company Profile
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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