Alfa Laval (OTCMKTS:ALFVY) Releases Earnings Results, Misses Estimates By $0.12 EPS

Alfa Laval (OTCMKTS:ALFVY) released its quarterly earnings results on Tuesday. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.12), Zacks reports. The company had revenue of $2.14 billion for the quarter, compared to analyst estimates of $2.03 billion. Alfa Laval had a net margin of 12.17% and a return on equity of 19.80%.

Alfa Laval Price Performance

OTCMKTS ALFVY traded down $0.28 during trading on Wednesday, hitting $56.35. The stock had a trading volume of 3,795 shares, compared to its average volume of 25,287. Alfa Laval has a twelve month low of $36.86 and a twelve month high of $59.22. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.72 and a current ratio of 1.12. The firm has a 50 day moving average price of $51.88 and a 200 day moving average price of $48.15.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ALFVY. Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a research report on Wednesday, October 29th. Zacks Research raised Alfa Laval from a “hold” rating to a “strong-buy” rating in a report on Monday, December 29th. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a report on Monday, December 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a research note on Wednesday, October 29th. Finally, Barclays reissued an “overweight” rating on shares of Alfa Laval in a research note on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Alfa Laval has an average rating of “Moderate Buy”.

Alfa Laval Company Profile

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.