Andritz (OTCMKTS:ADRZY) Stock Rating Upgraded by Zacks Research

Andritz (OTCMKTS:ADRZY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Andritz currently has an average rating of “Moderate Buy”.

Andritz Stock Down 6.8%

ADRZY opened at $16.14 on Tuesday. The business’s 50-day simple moving average is $17.75 and its 200-day simple moving average is $16.87. The stock has a market capitalization of $8.39 billion, a P/E ratio of 14.67 and a beta of 1.15. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.13. Andritz has a one year low of $13.59 and a one year high of $19.20.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The firm had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.08 billion. Andritz had a net margin of 5.81% and a return on equity of 20.19%. Analysts anticipate that Andritz will post 1.24 EPS for the current year.

About Andritz

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.