Acerinox (OTCMKTS:ANIOY) Receives Consensus Rating of “Moderate Buy” from Analysts

Acerinox (OTCMKTS:ANIOY) has received a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company.

Several equities research analysts have issued reports on ANIOY shares. Citigroup reaffirmed a “buy” rating on shares of Acerinox in a research note on Monday, July 13th. Jefferies Financial Group upgraded Acerinox to a “strong-buy” rating in a report on Monday, July 13th. Morgan Stanley restated an “overweight” rating on shares of Acerinox in a report on Monday, June 15th. BNP Paribas Exane cut Acerinox from a “neutral” rating to an “underperform” rating in a research note on Wednesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Acerinox in a research note on Monday, July 27th.

Acerinox Stock Performance

Shares of ANIOY opened at $10.44 on Friday. Acerinox has a fifty-two week low of $6.11 and a fifty-two week high of $10.74. The business has a 50-day moving average of $9.48 and a 200 day moving average of $8.35. The firm has a market cap of $5.21 billion, a P/E ratio of 80.31 and a beta of 1.11. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.91 and a current ratio of 1.65.

Acerinox (OTCMKTS:ANIOY) last issued its earnings results on Friday, July 24th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Acerinox had a net margin of 0.95% and a return on equity of 2.59%. The firm had revenue of $1.84 billion during the quarter, compared to analyst estimates of $3.51 billion. As a group, research analysts forecast that Acerinox will post 0.49 EPS for the current year.

Acerinox Company Profile

Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.

The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.