Electrolux (OTCMKTS:ELUXY) Raised to Hold at Zacks Research

Electrolux (OTCMKTS:ELUXY) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Other research analysts have also recently issued research reports about the company. Rothschild & Co Redburn cut Electrolux from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. The Goldman Sachs Group raised Electrolux to a “hold” rating in a research note on Friday, March 27th. Five equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Electrolux Stock Up 0.2%

OTCMKTS:ELUXY opened at $6.30 on Monday. Electrolux has a 52 week low of $6.16 and a 52 week high of $19.83. The firm has a market capitalization of $891.70 million, a PE ratio of 24.23, a price-to-earnings-growth ratio of 33.34 and a beta of 1.08. The company has a current ratio of 0.94, a quick ratio of 0.60 and a debt-to-equity ratio of 3.19. The stock has a 50 day moving average of $11.50 and a 200-day moving average of $13.57.

Electrolux (OTCMKTS:ELUXY) last issued its quarterly earnings data on Friday, April 24th. The company reported ($0.38) EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.61). The company had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $3.40 billion. Electrolux had a return on equity of 4.03% and a net margin of 0.27%.

Electrolux Company Profile

Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company’s product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.

Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world’s largest appliance makers.