Voestalpine AG (VLPNY) – What Are Analysts Saying About This Stock?

Shares of Voestalpine AG (OTCMKTS:VLPNY) have received an average rating of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company.

Several equities analysts recently issued reports on the company. Zacks Research cut Voestalpine from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 30th. UBS Group raised Voestalpine from a “hold” rating to a “buy” rating in a report on Friday, October 9th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Voestalpine in a report on Friday, September 4th.

Voestalpine Trading Down 1.4%

OTCMKTS:VLPNY opened at $9.28 on Monday. Voestalpine has a 12-month low of $6.62 and a 12-month high of $11.78. The company has a current ratio of 1.41, a quick ratio of 0.54 and a debt-to-equity ratio of 0.19. The stock’s 50 day simple moving average is $10.08 and its 200-day simple moving average is $10.15. The firm has a market cap of $7.96 billion, a P/E ratio of 13.45 and a beta of 1.40.

Voestalpine (OTCMKTS:VLPNY) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). Voestalpine had a return on equity of 6.66% and a net margin of 3.39%. The firm had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.38 billion. Equities analysts anticipate that Voestalpine will post 0.80 EPS for the current year.

About Voestalpine

voestalpine AG is an Austria-based technology and capital goods group specializing in steel, metal processing and industrial solutions. Headquartered in Linz, Austria, the company serves customers in the automotive, railway, aerospace, energy, mechanical engineering and tooling industries.

The company operates through four main divisions: Steel, High Performance Metals, Metal Engineering and Metal Forming. Its products and services include high-quality flat steel, special and tool steels, rail systems, welding technology, sections, tubes, precision components and formed metal parts.