Andritz (OTCMKTS:ADRZY – Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $15.02, but opened at $13.59. Andritz shares last traded at $13.59, with a volume of 520 shares changing hands.
Analyst Ratings Changes
Several equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research note on Monday, February 9th. Zacks Research cut shares of Andritz from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on Andritz
Andritz Stock Down 9.9%
Andritz (OTCMKTS:ADRZY – Get Free Report) last announced its quarterly earnings data on Thursday, March 5th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.01). Andritz had a net margin of 5.81% and a return on equity of 21.12%. The firm had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.79 billion. As a group, analysts expect that Andritz will post 1.1 earnings per share for the current fiscal year.
Andritz Company Profile
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.
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