Andritz (OTCMKTS:ADRZY) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Andritz (OTCMKTS:ADRZY) announced its earnings results on Thursday. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.01), Zacks reports. Andritz had a return on equity of 20.04% and a net margin of 5.81%.

Andritz Price Performance

OTCMKTS:ADRZY traded up $2.26 during mid-day trading on Thursday, reaching $19.51. The stock had a trading volume of 225 shares, compared to its average volume of 2,187. Andritz has a 12 month low of $13.59 and a 12 month high of $19.51. The stock has a market capitalization of $10.15 billion, a PE ratio of 17.74 and a beta of 1.15. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.08 and a quick ratio of 0.84. The stock has a 50-day simple moving average of $17.63 and a two-hundred day simple moving average of $17.04.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

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.