Acerinox (OTCMKTS:ANIOY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Acerinox (OTCMKTS:ANIOY) have been given a consensus rating of “Moderate Buy” by the six research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of equities research analysts have weighed in on ANIOY shares. BNP Paribas Exane lowered Acerinox from a “neutral” rating to an “underperform” rating in a research report on Wednesday, July 8th. Citigroup reissued a “buy” rating on shares of Acerinox in a research report on Monday, July 13th. Jefferies Financial Group upgraded Acerinox to a “strong-buy” rating in a research note on Monday, July 13th. Zacks Research upgraded Acerinox from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Acerinox in a research note on Monday, July 27th.

Acerinox Stock Performance

ANIOY stock opened at $10.20 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.65 and a debt-to-equity ratio of 0.60. The business’s fifty day simple moving average is $9.57 and its two-hundred day simple moving average is $8.42. Acerinox has a twelve month low of $6.11 and a twelve month high of $10.74. The firm has a market cap of $5.09 billion, a price-to-earnings ratio of 78.46 and a beta of 1.11.

Acerinox (OTCMKTS:ANIOY) last issued its earnings results on Friday, July 24th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $1.84 billion during the quarter, compared to analyst estimates of $3.51 billion. Acerinox had a net margin of 0.95% and a return on equity of 2.59%. Analysts predict that Acerinox will post 0.51 earnings per share for the current year.

Acerinox Company Profile

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.