Andritz (OTCMKTS:ADRZY) Releases Earnings Results, Misses Estimates By $0.02 EPS

Andritz (OTCMKTS:ADRZY) issued its earnings results on Wednesday. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02), Zacks reports. The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.08 billion. Andritz had a return on equity of 20.19% and a net margin of 5.81%.

Andritz Stock Down 1.5%

OTCMKTS:ADRZY traded down $0.25 during mid-day trading on Friday, hitting $16.78. The company had a trading volume of 1,743 shares, compared to its average volume of 2,047. The business has a fifty day simple moving average of $15.99 and a 200-day simple moving average of $15.89. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. Andritz has a 1 year low of $13.59 and a 1 year high of $18.81. The firm has a market capitalization of $8.72 billion, a price-to-earnings ratio of 15.25 and a beta of 1.09.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Zacks Research raised Andritz from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to data from MarketBeat.com, Andritz currently has an average rating of “Strong Buy”.

About Andritz

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.