Voestalpine AG (OTCMKTS:VLPNY) Receives Consensus Rating of “Moderate Buy” from Analysts

Voestalpine AG (OTCMKTS:VLPNY – Get Free Report) has been given an average rating of “Moderate Buy” by the six research firms that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of equities research analysts have weighed in on the company. Zacks Research lowered Voestalpine from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Citigroup reiterated a “neutral” rating on shares of Voestalpine in a research note on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Voestalpine in a research report on Friday, September 4th. Finally, UBS Group lowered shares of Voestalpine from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th.

Read Our Latest Stock Report on Voestalpine

Voestalpine Price Performance

VLPNY opened at $10.15 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.41 and a quick ratio of 0.54. The business’s 50-day moving average is $10.30 and its two-hundred day moving average is $10.04. The firm has a market capitalization of $8.70 billion, a PE ratio of 14.50 and a beta of 1.44. Voestalpine has a 1 year low of $6.62 and a 1 year high of $11.78.

Voestalpine (OTCMKTS:VLPNY – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). Voestalpine had a return on equity of 6.66% and a net margin of 3.39%.The business had revenue of $4.64 billion for the quarter, compared to analysts’ expectations of $4.38 billion. Research analysts anticipate that Voestalpine will post 0.83 earnings per share for the current fiscal year.

About Voestalpine

(Get Free Report)

voestalpine AG is an Austria-based technology and industrial group specializing in steel, metal products and advanced manufacturing solutions. The company serves customers in the automotive, railway, aerospace, energy, construction and mechanical engineering industries.

Its operations are organized across four main divisions: Steel, High Performance Metals, Metal Engineering and Metal Forming. Products and services include high-quality flat steel, tool and special steels, rail and turnout systems, wire products, welding technology, precision tubes, automotive components and formed metal parts.

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Analyst Recommendations for Voestalpine (OTCMKTS:VLPNY)

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