Electrolux (ELUXY) Stock Rating Lowered by ValuEngine

Electrolux (OTCMKTS:ELUXY) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

Several other equities research analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of Electrolux from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. Goldman Sachs Group cut shares of Electrolux from a “buy” rating to a “neutral” rating in a research report on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. The company has an average rating of “Hold” and an average price target of $77.00.

Shares of Electrolux (OTCMKTS:ELUXY) traded down $0.90 on Friday, hitting $65.48. 3,687 shares of the stock traded hands, compared to its average volume of 11,700. Electrolux has a 52-week low of $44.24 and a 52-week high of $72.89. The stock has a market cap of $189,221.50, a PE ratio of 16.17 and a beta of 0.93. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.98 and a quick ratio of 0.69.

Electrolux (OTCMKTS:ELUXY) last announced its quarterly earnings results on Friday, October 27th. The company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.06. Electrolux had a net margin of 4.19% and a return on equity of 29.70%. The firm had revenue of $3.60 billion during the quarter. equities analysts expect that Electrolux will post 4.36 earnings per share for the current fiscal year.

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Electrolux Company Profile

AB Electrolux provides household appliances and appliances for professional use. The Company offers designs and sustainable solutions, under brands including Electrolux, AEG, Zanussi and Frigidaire. The Company’s segments include Major Appliances Europe, Middle East and Africa; Major Appliances North America; Major Appliances Latin America; Major Appliances Asia/Pacific; Small Appliances and Professional Products.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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