Andritz (OTCMKTS:ADRZY) Rating Lowered to “Strong Sell” at Zacks Research

Andritz (OTCMKTS:ADRZY) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Monday,Zacks.com reports.

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

Andritz Stock Up 2.1%

Shares of ADRZY opened at $18.34 on Monday. The firm has a market cap of $9.54 billion, a P/E ratio of 16.67 and a beta of 1.14. The stock has a 50 day simple moving average of $16.83 and a two-hundred day simple moving average of $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 1 year low of $13.59 and a 1 year high of $19.20.

Andritz (OTCMKTS:ADRZY) last issued its 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 firm had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.08 billion. Andritz had a return on equity of 20.19% and a net margin of 5.81%. On average, analysts forecast 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.