Andritz (OTCMKTS:ADRZY) Reaches New 12-Month High – Time to Buy?

Andritz (OTCMKTS:ADRZY) shares hit a new 52-week high on Friday . The stock traded as high as $19.20 and last traded at $19.20, with a volume of 1308 shares changing hands. The stock had previously closed at $17.9124.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research report on Tuesday, April 14th. Zacks Research lowered shares of Andritz from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 30th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Andritz currently has an average rating of “Moderate Buy”.

Andritz Stock Up 7.2%

The company has a 50 day moving average of $16.00 and a 200-day moving average of $15.98. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.13 and a quick ratio of 0.88. The company has a market cap of $9.98 billion, a P/E ratio of 17.45 and a beta of 1.13.

Andritz (OTCMKTS:ADRZY) last announced its earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.08 billion. Andritz had a return on equity of 20.19% and a net margin of 5.81%. On average, equities analysts predict that Andritz will post 1.24 earnings per share for the current 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.