Alfa Laval (OTCMKTS:ALFVY) Releases Earnings Results, Misses Estimates By $0.05 EPS

Alfa Laval (OTCMKTS:ALFVY) released its quarterly earnings results on Wednesday. The company reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.05), Zacks reports. Alfa Laval had a net margin of 11.86% and a return on equity of 19.71%.

Alfa Laval Trading Down 3.1%

Shares of Alfa Laval stock opened at $59.25 on Thursday. The firm has a market capitalization of $24.49 billion, a PE ratio of 29.04, a price-to-earnings-growth ratio of 2.89 and a beta of 1.23. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.18 and a quick ratio of 0.75. The company’s fifty day moving average price is $57.21 and its two-hundred day moving average price is $52.80. Alfa Laval has a 52-week low of $40.27 and a 52-week high of $62.95.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Pareto Securities lowered shares of Alfa Laval from a “buy” rating to a “hold” rating in a research report on Wednesday, April 8th. Citigroup reissued a “neutral” rating on shares of Alfa Laval in a research report on Thursday, April 9th. Morgan Stanley reissued an “underweight” rating on shares of Alfa Laval in a research report on Monday, February 23rd. Zacks Research lowered shares of Alfa Laval from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a research report on Thursday, February 5th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

About Alfa Laval

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.