Andritz (OTCMKTS:ADRZY – Get Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $20.28, but opened at $18.70. Andritz shares last traded at $18.70, with a volume of 732 shares.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the stock. Zacks Research raised 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 research note on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Andritz currently has an average rating of “Moderate Buy”.
Check Out Our Latest Report on ADRZY
Andritz Stock Performance
Andritz (OTCMKTS:ADRZY – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.01). Andritz had a net margin of 5.77% and a return on equity of 19.95%. The business had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.23 billion. As a group, equities analysts predict that Andritz will post 1.23 earnings per share for the current fiscal 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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