Voestalpine AG (VLPNY) – What Are Brokerages Thinking About This Stock?

Shares of Voestalpine AG (OTCMKTS:VLPNY) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have assigned a buy recommendation to the company.

A number of research firms have commented on VLPNY. UBS Group raised shares of Voestalpine from a “hold” rating to a “buy” rating in a research note on Friday, October 9th. Zacks Research cut shares of Voestalpine from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Voestalpine in a research report on Friday, September 4th.

Voestalpine Stock Performance

Shares of OTCMKTS VLPNY opened at $9.68 on Monday. Voestalpine has a 12 month low of $6.62 and a 12 month high of $11.78. The company has a market cap of $8.29 billion, a price-to-earnings ratio of 13.82 and a beta of 1.40. The company has a quick ratio of 0.54, a current ratio of 1.41 and a debt-to-equity ratio of 0.19. The business has a fifty day simple moving average of $10.13 and a 200-day simple moving average of $10.15.

Voestalpine (OTCMKTS:VLPNY) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). The company had revenue of $4.64 billion during the quarter, compared to analyst estimates of $4.38 billion. Voestalpine had a net margin of 3.39% and a return on equity of 6.66%. Sell-side analysts predict that Voestalpine will post 0.80 EPS for the current year.

About Voestalpine

voestalpine AG is an Austria-based technology and capital goods group specializing in steel, metal processing and industrial solutions. Headquartered in Linz, Austria, the company serves customers in the automotive, railway, aerospace, energy, mechanical engineering and tooling industries.

The company operates through four main divisions: Steel, High Performance Metals, Metal Engineering and Metal Forming. Its products and services include high-quality flat steel, special and tool steels, rail systems, welding technology, sections, tubes, precision components and formed metal parts.