Andritz (OTCMKTS:ADRZY) Lowered to Strong Sell Rating by Zacks Research

Zacks Research cut shares of Andritz (OTCMKTS:ADRZY) from a hold rating to a strong sell rating in a research report sent to investors on Monday morning,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Andritz currently has an average rating of “Hold”.

Andritz Stock Performance

Shares of OTCMKTS ADRZY opened at $18.34 on Monday. The business’s 50-day moving average price is $16.83 and its two-hundred day moving average price is $16.44. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.13 and a quick ratio of 0.88. Andritz has a one year low of $13.59 and a one year high of $19.20. The company has a market capitalization of $9.54 billion, a P/E ratio of 16.67 and a beta of 1.14.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.02). The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.08 billion. Andritz had a return on equity of 20.19% and a net margin of 5.81%. Analysts anticipate that Andritz will post 1.24 earnings per share for the current fiscal year.

Andritz Company Profile

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.