Alfa Laval (ALFVY) Set to Release Quarterly Earnings on Tuesday

Alfa Laval (OTCMKTS:ALFVY) is projected to release its results before the market opens on Tuesday, October 27th. Analysts expect Alfa Laval to post earnings of $0.57 per share and revenue of $1.89 billion for the quarter.

Alfa Laval (OTCMKTS:ALFVY) last released its quarterly earnings results on Tuesday, July 21st. The company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.10). Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%. The firm had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.87 billion. On average, analysts expect Alfa Laval to post $2.25 EPS for the current fiscal year and $2.50 EPS for the next fiscal year.

Alfa Laval Stock Performance

OTCMKTS ALFVY opened at $57.13 on Tuesday. Alfa Laval has a 1-year low of $44.78 and a 1-year high of $62.95. The company has a market capitalization of $23.61 billion, a P/E ratio of 27.34, a PEG ratio of 4.03 and a beta of 1.12. The business has a 50 day moving average price of $57.61 and a 200 day moving average price of $58.01. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.12 and a quick ratio of 0.69.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a research report on Thursday, July 30th. Danske cut Alfa Laval to a “hold” rating in a research report on Tuesday, September 29th. Zacks Research cut Alfa Laval from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 13th. Pareto Securities raised Alfa Laval from a “hold” rating to a “buy” rating in a research note on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a research note on Wednesday, July 22nd. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Alfa Laval

Alfa Laval AB is a Swedish industrial company that develops and supplies products and systems for heat transfer, separation and fluid handling. Its technologies are used to improve energy efficiency, manage industrial processes and support the treatment of liquids, gases and other materials.

The company’s offerings include heat exchangers, centrifugal separators, pumps, valves, hygienic fluid-handling equipment, tank-cleaning systems and related process solutions. Alfa Laval serves customers in industries such as energy, food and beverage, pharmaceuticals, chemicals, wastewater treatment, marine transportation and other industrial markets.

Alfa Laval traces its origins to 1883, when Swedish engineer and inventor Gustaf de Laval founded the company that became associated with its separator technology.