Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Given Average Recommendation of “Hold” by Brokerages

Shares of Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) have earned a consensus recommendation of “Hold” from the eight brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company.

Several brokerages recently commented on ALFVY. Pareto Securities downgraded shares of Alfa Laval from a “buy” rating to a “hold” rating in a research note on Wednesday, April 8th. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research note on Thursday, April 9th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a report on Wednesday, June 24th.

Alfa Laval Stock Down 0.0%

Shares of OTCMKTS ALFVY opened at $59.49 on Thursday. The company has a current ratio of 1.38, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The company has a market cap of $24.59 billion, a price-to-earnings ratio of 28.46, a PEG ratio of 3.39 and a beta of 1.13. Alfa Laval has a 12 month low of $42.29 and a 12 month high of $62.95. The stock has a 50-day moving average price of $57.81 and a two-hundred day moving average price of $56.24.

Alfa Laval (OTCMKTS:ALFVY) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.05). The company had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.78 billion. Alfa Laval had a net margin of 11.83% and a return on equity of 18.93%. As a group, analysts forecast that Alfa Laval will post 2.37 earnings per share for the current fiscal year.

About Alfa Laval

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.