Voestalpine (VLPNY) Expected to Announce Earnings on Wednesday

Voestalpine (OTCMKTS:VLPNY) is anticipated to issue its results before the market opens on Wednesday, February 11th. Analysts expect the company to announce earnings of $0.09 per share for the quarter.

Voestalpine (OTCMKTS:VLPNY) last announced its quarterly earnings data on Wednesday, November 12th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. Voestalpine had a return on equity of 3.10% and a net margin of 1.50%.The firm had revenue of $4.31 billion during the quarter, compared to analysts’ expectations of $4.31 billion. On average, analysts expect Voestalpine to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Voestalpine Price Performance

Shares of VLPNY opened at $10.00 on Tuesday. The stock has a market cap of $8.57 billion, a P/E ratio of 34.48 and a beta of 1.33. The business’s fifty day moving average is $9.07 and its 200 day moving average is $7.60. The company has a quick ratio of 0.49, a current ratio of 1.32 and a debt-to-equity ratio of 0.17. Voestalpine has a 12-month low of $3.81 and a 12-month high of $10.31.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on VLPNY. UBS Group raised Voestalpine from a “hold” rating to a “buy” rating in a report on Monday, November 17th. Morgan Stanley reiterated an “overweight” rating on shares of Voestalpine in a report on Tuesday, January 6th. Citigroup reaffirmed a “neutral” rating on shares of Voestalpine in a research report on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Voestalpine in a research report on Thursday, November 13th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Voestalpine currently has an average rating of “Moderate Buy”.

Voestalpine Company Profile

Voestalpine AG is a leading steel-based technology and capital goods group headquartered in Linz, Austria. The company specializes in the production of high-quality steel and sophisticated components for a range of industries, including automotive, railway systems, aerospace, energy, and construction. It operates across all major processing steps in steel production, from raw‐material processing and steelmaking to downstream activities such as coating, processing, and assembly.

Voestalpine’s portfolio is organized into several business divisions.