Acerinox (OTCMKTS:ANIOY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Acerinox (OTCMKTS:ANIOY) have received an average rating of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company.

Several research analysts have recently issued reports on ANIOY shares. Citigroup reissued a “buy” rating on shares of Acerinox in a research report on Monday, July 13th. Morgan Stanley restated an “overweight” rating on shares of Acerinox in a research report on Monday, June 15th. Zacks Research raised Acerinox from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. BNP Paribas Exane downgraded Acerinox from a “neutral” rating to an “underperform” rating in a report on Wednesday, July 8th. Finally, Jefferies Financial Group raised Acerinox to a “strong-buy” rating in a research report on Monday, July 13th.

Acerinox Price Performance

Shares of OTCMKTS ANIOY opened at $9.37 on Wednesday. Acerinox has a 1 year low of $5.87 and a 1 year high of $9.85. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.89 and a quick ratio of 0.91. The company’s 50-day moving average is $9.11 and its 200 day moving average is $8.09. The stock has a market capitalization of $4.67 billion, a P/E ratio of -93.69 and a beta of 1.13.

Acerinox (OTCMKTS:ANIOY) last issued its quarterly earnings data on Friday, May 8th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.58). The company had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $3.88 billion. Acerinox had a negative return on equity of 2.11% and a negative net margin of 0.79%. On average, sell-side analysts expect that Acerinox will post 0.49 earnings per share for the current year.

About Acerinox

Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.

The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.