Andritz (OTCMKTS:ADRZY) Announces Earnings Results

Andritz (OTCMKTS:ADRZY) released its earnings results on Thursday. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01), Zacks reports. Andritz had a net margin of 5.81% and a return on equity of 20.04%.

Andritz Trading Up 13.1%

OTCMKTS ADRZY traded up $2.26 during trading hours on Thursday, reaching $19.51. The company’s stock had a trading volume of 225 shares, compared to its average volume of 2,187. The firm has a fifty day simple moving average of $17.63 and a 200-day simple moving average of $17.04. The stock has a market cap of $10.15 billion, a P/E ratio of 17.74 and a beta of 1.15. Andritz has a 52 week low of $13.59 and a 52 week high of $19.51. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.08 and a quick ratio of 0.84.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on ADRZY shares. Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research report on Thursday, May 14th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Andritz Company Profile

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.