Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Stock Now Rated “Hold” by Wall Street Brokerages

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) has received a consensus rating of “Hold” from the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company.

Several equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a research report on Wednesday, July 22nd. Royal Bank Of Canada restated an “outperform” rating on shares of Alfa Laval in a research report on Thursday, July 30th. Danske lowered Alfa Laval to a “hold” rating in a research report on Tuesday, September 29th. Pareto Securities raised Alfa Laval from a “hold” rating to a “buy” rating in a research note on Wednesday, July 22nd. Finally, Citigroup reissued a “neutral” rating on shares of Alfa Laval in a research note on Friday, August 7th.

Alfa Laval Stock Up 2.8%

Shares of ALFVY opened at $57.87 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.12 and a quick ratio of 0.69. The stock has a market capitalization of $23.92 billion, a price-to-earnings ratio of 27.43, a price-to-earnings-growth ratio of 3.94 and a beta of 1.12. Alfa Laval has a 1 year low of $44.78 and a 1 year high of $62.95. The business’s 50 day simple moving average is $57.85 and its 200-day simple moving average is $57.83.

Alfa Laval (OTCMKTS:ALFVY) last announced its quarterly earnings results on Tuesday, July 21st. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.10). Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%. The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.87 billion. As a group, equities analysts expect that Alfa Laval will post 2.25 earnings per share for the current fiscal year.

Alfa Laval Company Profile

Alfa Laval AB is a Sweden-based industrial technology company that develops products and systems for heat transfer, separation and fluid handling. Its solutions are used to improve energy efficiency, support clean-water and wastewater treatment, process food and beverages, and handle industrial fluids in a range of applications.

The company’s offerings include heat exchangers, separators, decanters, pumps, valves, hygienic equipment and related process systems. Alfa Laval serves customers in industries such as energy, marine transportation, food and beverage, chemicals, pharmaceuticals, water treatment and general manufacturing.

Founded in 1883 by Swedish engineer Gustaf de Laval, the company has grown into a global business with sales, service operations and manufacturing activities across Europe, North America, Asia and other international markets.