Electrolux (ELUXY) Raised to Sell at ValuEngine

Electrolux (OTCMKTS:ELUXY) was upgraded by investment analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Thursday.

ELUXY has been the subject of several other reports. Zacks Investment Research raised Electrolux from a “sell” rating to a “buy” rating and set a $50.00 price target for the company in a report on Monday, July 16th. JPMorgan Chase & Co. raised Electrolux from an “underweight” rating to a “neutral” rating in a report on Thursday, July 19th.

Shares of ELUXY traded down $0.05 during mid-day trading on Thursday, hitting $44.00. The company’s stock had a trading volume of 2,365 shares, compared to its average volume of 9,072. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.95 and a quick ratio of 0.63. The stock has a market capitalization of $126.90 billion, a P/E ratio of 9.44 and a beta of 0.85. Electrolux has a 1-year low of $41.91 and a 1-year high of $72.86.

Electrolux (OTCMKTS:ELUXY) last posted its quarterly earnings results on Wednesday, July 18th. The company reported $0.42 EPS for the quarter. The business had revenue of $3.62 billion during the quarter. Electrolux had a return on equity of 22.11% and a net margin of 3.68%. research analysts anticipate that Electrolux will post 4.4 EPS for the current year.

About Electrolux

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances and appliances for professional use. It operates through six segments: Major Appliances Europe, Middle East and Africa; Major Appliances North America; Major Appliances Latin America; Major Appliances Asia/Pacific; Home Care & Small Domestics Appliances; and Professional Products.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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