Andritz (OTCMKTS:ADRZY) Shares Gap Up – Still a Buy?

Andritz (OTCMKTS:ADRZY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $18.16, but opened at $19.00. Andritz shares last traded at $19.00, with a volume of 200 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Andritz currently has an average rating of “Moderate Buy”.

Andritz Stock Performance

The stock has a market cap of $10.21 billion, a price-to-earnings ratio of 17.53 and a beta of 1.14. The company has a current ratio of 1.08, a quick ratio of 0.84 and a debt-to-equity ratio of 0.22. The firm has a fifty day simple moving average of $18.13 and a 200-day simple moving average of $17.28.

Andritz (OTCMKTS:ADRZY) last released its earnings results on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). Andritz had a return on equity of 19.95% and a net margin of 5.77%.The firm had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.23 billion. Analysts forecast that Andritz will post 1.23 EPS for the current fiscal 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.