Alfa Laval (OTCMKTS:ALFVY) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Alfa Laval (OTCMKTS:ALFVY) posted its quarterly earnings results on Tuesday. The company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.01), Zacks reports. Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%.

Alfa Laval Stock Up 1.1%

Shares of OTCMKTS ALFVY opened at $54.91 on Tuesday. The company has a current ratio of 1.12, a quick ratio of 0.69 and a debt-to-equity ratio of 0.19. The company has a market cap of $22.70 billion, a price-to-earnings ratio of 25.74, a PEG ratio of 3.80 and a beta of 1.12. Alfa Laval has a 12 month low of $44.78 and a 12 month high of $62.95. The stock has a 50-day moving average price of $57.34 and a two-hundred day moving average price of $57.41.

Analyst Ratings Changes

Several research analysts have commented on ALFVY shares. Danske downgraded shares of Alfa Laval to a “hold” rating in a research report on Tuesday, September 29th. Citigroup restated a “neutral” rating on shares of Alfa Laval in a research note on Friday, August 7th. Zacks Research downgraded Alfa Laval from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a report on Wednesday, July 22nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a research note on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

About Alfa Laval

Alfa Laval AB is a Swedish industrial company that develops and supplies products and systems for heat transfer, separation and fluid handling. Its technologies are used to improve energy efficiency, manage industrial processes and support the treatment of liquids, gases and other materials.

The company’s offerings include heat exchangers, centrifugal separators, pumps, valves, hygienic fluid-handling equipment, tank-cleaning systems and related process solutions. Alfa Laval serves customers in industries such as energy, food and beverage, pharmaceuticals, chemicals, wastewater treatment, marine transportation and other industrial markets.

Alfa Laval traces its origins to 1883, when Swedish engineer and inventor Gustaf de Laval founded the company that became associated with its separator technology.