Alfa Laval (OTCMKTS:ALFVY) Rating Lowered to Strong Sell at Zacks Research

Alfa Laval (OTCMKTS:ALFVY) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Tuesday, Zacks reports.

ALFVY has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a report on Wednesday, July 22nd. Citigroup reissued a “neutral” rating on shares of Alfa Laval in a research report on Friday, August 7th. Pareto Securities raised Alfa Laval from a “hold” rating to a “buy” rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada reissued an “outperform” rating on shares of Alfa Laval in a research note on Thursday, July 30th. Finally, Danske lowered Alfa Laval to a “hold” rating in a research report on Tuesday, September 29th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Alfa Laval Stock Down 1.9%

Shares of OTCMKTS:ALFVY opened at $58.27 on Tuesday. The firm has a 50 day simple moving average of $57.77 and a 200 day simple moving average of $57.92. Alfa Laval has a 52 week low of $44.78 and a 52 week high of $62.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.69 and a current ratio of 1.12. The company has a market cap of $24.08 billion, a PE ratio of 27.62, a price-to-earnings-growth ratio of 4.15 and a beta of 1.12.

Alfa Laval (OTCMKTS:ALFVY) last announced its earnings results on Tuesday, July 21st. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.10). The firm had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.87 billion. Alfa Laval had a net margin of 11.63% and a return on equity of 18.41%. As a group, research analysts expect that Alfa Laval will post 2.25 earnings per share for the current year.

Alfa Laval Company Profile

Alfa Laval AB is a Sweden-based industrial technology company that develops products and systems for heat transfer, separation and fluid handling. Its solutions are used to improve energy efficiency, support clean-water and wastewater treatment, process food and beverages, and handle industrial fluids in a range of applications.

The company’s offerings include heat exchangers, separators, decanters, pumps, valves, hygienic equipment and related process systems. Alfa Laval serves customers in industries such as energy, marine transportation, food and beverage, chemicals, pharmaceuticals, water treatment and general manufacturing.

Founded in 1883 by Swedish engineer Gustaf de Laval, the company has grown into a global business with sales, service operations and manufacturing activities across Europe, North America, Asia and other international markets.