Alfa Laval (OTCMKTS:ALFVY) Announces Earnings Results

Alfa Laval (OTCMKTS:ALFVY) released its quarterly earnings data on Tuesday. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.10), Zacks reports. Alfa Laval had a net margin of 11.83% and a return on equity of 18.93%.

Alfa Laval Trading Down 0.8%

Alfa Laval stock traded down $0.46 during mid-day trading on Tuesday, hitting $57.51. 637 shares of the stock were exchanged, compared to its average volume of 17,618. The company has a quick ratio of 0.84, a current ratio of 1.38 and a debt-to-equity ratio of 0.29. Alfa Laval has a 12 month low of $42.82 and a 12 month high of $62.95. The firm’s fifty day simple moving average is $57.64 and its two-hundred day simple moving average is $57.03. The stock has a market capitalization of $23.77 billion, a price-to-earnings ratio of 27.52, a PEG ratio of 3.33 and a beta of 1.14.

Wall Street Analysts Forecast Growth

ALFVY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alfa Laval in a report on Wednesday, June 24th. Pareto Securities lowered shares of Alfa Laval from a “buy” rating to a “hold” rating in a report on Wednesday, April 8th. Finally, Citigroup reissued a “neutral” rating on shares of Alfa Laval in a research note on Monday, July 13th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

About Alfa Laval

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.