Electrolux AB (OTCMKTS:ELUXY) Given Consensus Rating of “Reduce” by Analysts

Electrolux AB (OTCMKTS:ELUXY) has received a consensus rating of “Reduce” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating on the company.

Several analysts recently weighed in on ELUXY shares. Rothschild & Co Redburn downgraded Electrolux from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Zacks Research downgraded Electrolux from a “hold” rating to a “strong sell” rating in a research note on Friday, May 1st. Finally, The Goldman Sachs Group upgraded Electrolux to a “hold” rating in a research note on Friday, March 27th.

Electrolux Price Performance

ELUXY stock opened at $11.97 on Wednesday. Electrolux has a fifty-two week low of $9.84 and a fifty-two week high of $19.83. The business’s 50 day moving average price is $12.09 and its two-hundred day moving average price is $13.72. The company has a debt-to-equity ratio of 3.19, a quick ratio of 0.60 and a current ratio of 0.94. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 46.04 and a beta of 1.08.

Electrolux (OTCMKTS:ELUXY) last posted its quarterly earnings results on Friday, April 24th. The company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.61). The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.40 billion. Electrolux had a return on equity of 4.03% and a net margin of 0.27%. As a group, analysts forecast that Electrolux will post -0.07 earnings per share for the current fiscal year.

About Electrolux

Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company’s product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.

Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world’s largest appliance makers.