Andritz (OTCMKTS:ADRZY) Downgraded to Strong Sell Rating by Zacks Research

Andritz (OTCMKTS:ADRZY) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Andritz Stock Up 2.1%

Shares of OTCMKTS:ADRZY opened at $18.34 on Monday. The firm has a market capitalization of $9.54 billion, a PE ratio of 16.67 and a beta of 1.14. The business has a 50 day simple moving average of $16.83 and a two-hundred day simple moving average of $16.44. Andritz has a 1 year low of $13.59 and a 1 year high of $19.20. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.13 and a quick ratio of 0.88.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.02). Andritz had a return on equity of 20.19% and a net margin of 5.81%.The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.08 billion. On average, equities analysts predict 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.