Brokers Offer Predictions for ELEKTA AB/ADR’s FY2019 Earnings (EKTAY)

ELEKTA AB/ADR (OTCMKTS:EKTAY) – Stock analysts at Jefferies Financial Group issued their FY2019 EPS estimates for shares of ELEKTA AB/ADR in a note issued to investors on Tuesday, December 4th. Jefferies Financial Group analyst K. Lee anticipates that the company will post earnings per share of $0.39 for the year. Jefferies Financial Group also issued estimates for ELEKTA AB/ADR’s FY2020 earnings at $0.45 EPS, FY2021 earnings at $0.51 EPS and FY2022 earnings at $0.57 EPS.

Several other equities research analysts also recently commented on the stock. Zacks Investment Research downgraded shares of ELEKTA AB/ADR from a “buy” rating to a “hold” rating in a report on Tuesday, August 14th. UBS Group raised shares of ELEKTA AB/ADR from a “neutral” rating to a “buy” rating in a report on Wednesday, November 28th.

OTCMKTS EKTAY opened at $12.15 on Thursday. The stock has a market cap of $4.41 billion, a price-to-earnings ratio of 34.71 and a beta of 0.43. ELEKTA AB/ADR has a 52 week low of $7.85 and a 52 week high of $14.61. The company has a current ratio of 1.14, a quick ratio of 0.89 and a debt-to-equity ratio of 0.63.

About ELEKTA AB/ADR

Elekta AB (publ) provides equipment and software for cancer and brain disorders worldwide. The company offers radiotherapy systems under the Versa HD, Precise Treatment System, and Elekta Compact names; Elekta Infinity, an image-guided radiation therapy (IGRT) system; and Elekta Synergy, a digital accelerator for advanced IGRT.

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