Voestalpine AG (OTCMKTS:VLPNY) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Voestalpine AG (OTCMKTS:VLPNY) has been given an average rating of “Moderate Buy” by the six research firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company.

Several equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Voestalpine in a research report on Friday, September 4th. UBS Group upgraded shares of Voestalpine from a “hold” rating to a “buy” rating in a report on Friday, October 9th. Finally, Zacks Research downgraded shares of Voestalpine from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 30th.

Voestalpine Price Performance

Voestalpine stock opened at $9.28 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.41 and a quick ratio of 0.54. Voestalpine has a 1-year low of $6.62 and a 1-year high of $11.78. The company has a market cap of $7.96 billion, a PE ratio of 13.26 and a beta of 1.40. The stock’s 50 day moving average price is $10.08 and its 200 day moving average price is $10.16.

Voestalpine (OTCMKTS:VLPNY) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.01). The business had revenue of $4.64 billion during the quarter, compared to analysts’ expectations of $4.38 billion. Voestalpine had a return on equity of 6.66% and a net margin of 3.39%. On average, sell-side analysts predict that Voestalpine will post 0.80 EPS for the current fiscal year.

About Voestalpine

voestalpine AG is an Austria-based technology and capital goods group specializing in steel, metal processing and industrial solutions. Headquartered in Linz, Austria, the company serves customers in the automotive, railway, aerospace, energy, mechanical engineering and tooling industries.

The company operates through four main divisions: Steel, High Performance Metals, Metal Engineering and Metal Forming. Its products and services include high-quality flat steel, special and tool steels, rail systems, welding technology, sections, tubes, precision components and formed metal parts.