Alfa Laval (OTCMKTS:ALFVY) Posts Earnings Results, Misses Estimates By $0.10 EPS

Alfa Laval (OTCMKTS:ALFVY) announced its earnings results on Tuesday. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.10), Zacks reports. Alfa Laval had a return on equity of 18.60% and a net margin of 11.63%.The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.87 billion.

Alfa Laval Trading Up 1.1%

Shares of OTCMKTS ALFVY opened at $58.95 on Thursday. The business has a 50 day simple moving average of $57.66 and a 200 day simple moving average of $57.15. Alfa Laval has a 52 week low of $42.88 and a 52 week high of $62.95. The stock has a market cap of $24.37 billion, a price-to-earnings ratio of 27.94, a PEG ratio of 3.39 and a beta of 1.14. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.38.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ALFVY. Citigroup restated a “neutral” rating on shares of Alfa Laval in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a report on Wednesday. Finally, Pareto Securities upgraded shares of Alfa Laval from a “hold” rating to a “buy” rating in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Alfa Laval Company Profile

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.