GEA Group (GEAGF) Projected to Post Earnings on Monday

GEA Group (OTCMKTS:GEAGF) will likely be announcing its results before the market opens on Monday, August 10th. Analysts expect GEA Group to announce earnings of $0.8960 per share and revenue of $1.6446 billion for the quarter.

GEA Group Price Performance

Shares of OTCMKTS GEAGF opened at $70.46 on Monday. The company has a quick ratio of 0.76, a current ratio of 1.11 and a debt-to-equity ratio of 0.08. The business’s 50 day moving average is $64.58 and its two-hundred day moving average is $70.31. GEA Group has a 52-week low of $63.21 and a 52-week high of $78.65. The firm has a market cap of $11.47 billion, a price-to-earnings ratio of 29.12 and a beta of 0.20.

Analysts Set New Price Targets

Separately, Zacks Research raised GEA Group to a “hold” rating in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy”.

GEA Group Company Profile

GEA Group AG is a Germany-based provider of process technology and engineering solutions for a wide range of industries, including food and beverage, pharmaceutical, chemical and petroleum. The company specializes in the design, manufacture and installation of equipment and systems that support processes such as heating, cooling, mixing, separation, evaporation and transportation of liquids and powders. Its product portfolio spans centrifuges, separators, heat exchangers, pasteurizers, homogenizers, filtration and membrane systems, as well as advanced automation and digitalization tools to optimize plant performance and ensure product safety.

With origins dating back to the late 19th century, GEA has evolved from a regional metal trading enterprise into a global technology group.