Andritz (OTCMKTS:ADRZY – Get Free Report) issued its earnings results on Thursday. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01, Zacks reports. Andritz had a net margin of 5.84% and a return on equity of 20.13%. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.25 billion.
Andritz Stock Performance
ADRZY opened at $19.29 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.07 and a debt-to-equity ratio of 0.15. The firm has a market cap of $10.03 billion, a price-to-earnings ratio of 16.92 and a beta of 1.14. The business’s 50 day moving average is $19.18 and its two-hundred day moving average is $17.74. Andritz has a 52 week low of $13.59 and a 52 week high of $20.45.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.
Get Our Latest Stock Analysis on ADRZY
Andritz Company Profile
Andritz AG is an Austria-based international technology and engineering group that develops, manufactures and services equipment, systems and technologies for industrial production and energy generation. The company serves customers throughout the life cycle of its products, including project development, engineering, installation, automation, maintenance and aftermarket services.
Its main business areas include pulp and paper production, metals processing, hydropower, and separation and environmental technologies.
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