Electrolux AB (OTCMKTS:ELUXY) Receives Average Rating of “Reduce” from Brokerages

Shares of Electrolux AB (OTCMKTS:ELUXY) have earned an average rating of “Reduce” from the six ratings firms that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating and four have issued a hold rating on the company.

A number of research firms have issued reports on ELUXY. Citigroup reissued a “neutral” rating on shares of Electrolux in a report on Thursday, January 22nd. Zacks Research downgraded shares of Electrolux from a “hold” rating to a “strong sell” rating in a report on Friday, May 1st. The Goldman Sachs Group raised shares of Electrolux to a “hold” rating in a report on Friday, March 27th. Rothschild & Co Redburn downgraded shares of Electrolux from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Electrolux in a report on Monday, February 2nd.

Electrolux Stock Performance

OTCMKTS ELUXY opened at $10.58 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.94 and a debt-to-equity ratio of 3.19. The company has a market capitalization of $1.50 billion, a P/E ratio of 40.69 and a beta of 1.05. Electrolux has a 12-month low of $9.84 and a 12-month high of $19.83. The firm has a 50-day moving average price of $12.72 and a two-hundred day moving average price of $13.75.

Electrolux (OTCMKTS:ELUXY) last posted its quarterly earnings data on Friday, April 24th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.61). The business had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.40 billion. Electrolux had a net margin of 0.27% and a return on equity of 4.03%. Analysts anticipate that Electrolux will post -0.07 earnings per share for the current year.

About Electrolux

Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company’s product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.

Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world’s largest appliance makers.