Voestalpine AG (OTCMKTS:VLPNY – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $10.45, but opened at $9.96. Voestalpine shares last traded at $9.96, with a volume of 1,804 shares.
Analyst Ratings Changes
A number of research firms recently issued reports on VLPNY. Zacks Research upgraded shares of Voestalpine from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. UBS Group cut shares of Voestalpine from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Voestalpine in a research report on Thursday, June 4th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Voestalpine in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.
View Our Latest Analysis on Voestalpine
Voestalpine Trading Down 5.6%
Voestalpine (OTCMKTS:VLPNY – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.01). The business had revenue of $4.64 billion for the quarter, compared to analysts’ expectations of $4.38 billion. Voestalpine had a net margin of 3.39% and a return on equity of 6.74%. As a group, sell-side analysts predict that Voestalpine AG will post 0.83 EPS for the current year.
Voestalpine Company Profile
Voestalpine AG is a leading steel-based technology and capital goods group headquartered in Linz, Austria. The company specializes in the production of high-quality steel and sophisticated components for a range of industries, including automotive, railway systems, aerospace, energy, and construction. It operates across all major processing steps in steel production, from raw‐material processing and steelmaking to downstream activities such as coating, processing, and assembly.
Voestalpine’s portfolio is organized into several business divisions.
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