Alfa Laval (OTCMKTS:ALFVY) Lowered to “Hold” Rating by Zacks Research

Alfa Laval (OTCMKTS:ALFVY) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Other equities analysts have also issued reports about the stock. Barclays reaffirmed an “overweight” rating on shares of Alfa Laval in a research report on Wednesday, December 3rd. Citigroup reissued a “neutral” rating on shares of Alfa Laval in a research note on Monday, December 15th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Alfa Laval in a research report on Wednesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a report on Wednesday, October 29th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold”.

Alfa Laval Stock Down 0.1%

Shares of ALFVY opened at $56.58 on Tuesday. The firm has a fifty day moving average price of $52.08 and a 200-day moving average price of $48.21. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.12 and a quick ratio of 0.72. Alfa Laval has a 12-month low of $36.86 and a 12-month high of $59.22.

Alfa Laval (OTCMKTS:ALFVY) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.12). The company had revenue of $2.14 billion during the quarter, compared to analysts’ expectations of $2.03 billion. Alfa Laval had a return on equity of 19.99% and a net margin of 11.86%. On average, equities analysts expect that Alfa Laval will post 1.85 EPS for the current year.

About Alfa Laval

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.