Electrolux (OTCMKTS:ELUXY) Shares Down 7.4% – What’s Next?

Electrolux AB (OTCMKTS:ELUXY) shares traded down 7.4% on Friday . The stock traded as low as $13.1350 and last traded at $13.1350. 266 shares traded hands during trading, a decline of 98% from the average session volume of 12,569 shares. The stock had previously closed at $14.1875.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Zacks Research upgraded Electrolux from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Electrolux in a research note on Monday, February 2nd. Finally, Citigroup reissued a “neutral” rating on shares of Electrolux in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Electrolux Stock Performance

The company has a debt-to-equity ratio of 3.57, a current ratio of 0.96 and a quick ratio of 0.66. The company has a market capitalization of $1.83 billion, a PE ratio of 19.34 and a beta of 1.15. The stock has a 50-day simple moving average of $15.82 and a 200 day simple moving average of $13.42.

Electrolux (OTCMKTS:ELUXY) last released its quarterly earnings data on Friday, January 30th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.62). The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.79 billion. Electrolux had a return on equity of 10.82% and a net margin of 0.69%. Equities analysts anticipate that Electrolux AB will post 2.13 EPS for the current fiscal year.

Electrolux Company Profile

Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company’s product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.

Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world’s largest appliance makers.