Acerinox (OTCMKTS:ANIOY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Acerinox (OTCMKTS:ANIOY) have earned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company.

ANIOY has been the topic of several research analyst reports. Jefferies Financial Group upgraded shares of Acerinox to a “strong-buy” rating in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Acerinox in a report on Monday, July 27th. Zacks Research upgraded Acerinox from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. BNP Paribas Exane downgraded Acerinox from a “neutral” rating to an “underperform” rating in a report on Wednesday, July 8th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Acerinox in a research report on Monday, June 15th.

Acerinox Price Performance

ANIOY stock opened at $10.20 on Friday. Acerinox has a 1-year low of $6.11 and a 1-year high of $10.74. The business has a fifty day moving average price of $9.59 and a 200-day moving average price of $8.43. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.65 and a quick ratio of 0.79. The stock has a market capitalization of $5.09 billion, a P/E ratio of 78.46 and a beta of 1.11.

Acerinox (OTCMKTS:ANIOY) last announced its quarterly earnings results on Friday, July 24th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. Acerinox had a return on equity of 2.59% and a net margin of 0.95%.The firm had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $3.51 billion. Equities analysts forecast that Acerinox will post 0.51 earnings per share for the current fiscal year.

About Acerinox

Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.

The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.