Electrolux (OTCMKTS:ELUXY) Reaches New 1-Year Low – What’s Next?

Electrolux AB (OTCMKTS:ELUXY) hit a new 52-week low on Monday . The stock traded as low as $4.90 and last traded at $4.90, with a volume of 5600 shares trading hands. The stock had previously closed at $5.30.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on ELUXY shares. The Goldman Sachs Group raised Electrolux to a “hold” rating in a report on Friday, March 27th. Rothschild & Co Redburn lowered Electrolux from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Finally, Zacks Research upgraded Electrolux from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Five analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Electrolux Trading Down 4.5%

The stock has a market cap of $693.55 million, a P/E ratio of 18.85, a PEG ratio of 0.76 and a beta of 1.15. The firm’s fifty day moving average price is $9.92 and its two-hundred day moving average price is $12.84. The company has a debt-to-equity ratio of 3.19, a current ratio of 0.94 and a quick ratio of 0.60.

Electrolux (OTCMKTS:ELUXY) last posted its earnings results on Friday, April 24th. The company reported ($0.38) EPS for the quarter, missing the consensus estimate of $0.23 by ($0.61). Electrolux had a return on equity of 4.03% and a net margin of 0.27%.The business had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.40 billion. As a group, equities research analysts forecast that Electrolux AB will post 0.18 EPS 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.