Andritz (OTCMKTS:ADRZY) Stock Rating Lowered by Zacks Research

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

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research note on Tuesday, April 14th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Andritz Trading Down 1.6%

ADRZY traded down $0.27 during trading on Thursday, hitting $16.75. 2,578 shares of the company’s stock were exchanged, compared to its average volume of 4,015. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. Andritz has a 1 year low of $13.59 and a 1 year high of $18.81. The stock has a 50 day moving average price of $15.99 and a 200 day moving average price of $15.89. The firm has a market cap of $8.71 billion, a P/E ratio of 15.23 and a beta of 1.13.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings data 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). Andritz had a return on equity of 20.19% and a net margin of 5.81%.The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.08 billion. As a group, analysts expect that Andritz will post 1.24 EPS 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.