Voestalpine (VLPNY) Projected to Post Quarterly Earnings on Wednesday

Voestalpine (OTCMKTS:VLPNY) is projected to issue its results before the market opens on Wednesday, February 11th. Analysts expect the company to announce earnings of $0.09 per share for the quarter.

Voestalpine (OTCMKTS:VLPNY) last posted its earnings results on Wednesday, November 12th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The business had revenue of $4.31 billion during the quarter, compared to the consensus estimate of $4.31 billion. Voestalpine had a net margin of 1.50% and a return on equity of 3.10%. On average, analysts expect Voestalpine to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Voestalpine Trading Up 2.3%

Shares of OTCMKTS:VLPNY opened at $9.51 on Wednesday. The stock’s 50-day simple moving average is $8.93 and its two-hundred day simple moving average is $7.47. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.49 and a current ratio of 1.32. The stock has a market capitalization of $8.16 billion, a price-to-earnings ratio of 32.81 and a beta of 1.33. Voestalpine has a 52-week low of $3.81 and a 52-week high of $9.55.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on VLPNY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Voestalpine in a research report on Thursday, November 13th. Citigroup reissued a “neutral” rating on shares of Voestalpine in a report on Thursday, January 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Voestalpine in a research report on Tuesday, January 6th. Finally, UBS Group raised shares of Voestalpine from a “hold” rating to a “buy” rating in a research note on Monday, November 17th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Voestalpine currently has an average rating of “Moderate Buy”.

Voestalpine Company Profile

Voestalpine AG is a leading steel-based technology and capital goods group headquartered in Linz, Austria. The company specializes in the production of high-quality steel and sophisticated components for a range of industries, including automotive, railway systems, aerospace, energy, and construction. It operates across all major processing steps in steel production, from raw‐material processing and steelmaking to downstream activities such as coating, processing, and assembly.

Voestalpine’s portfolio is organized into several business divisions.