Alfa Laval (ALFVY) Expected to Post Quarterly Earnings on Tuesday

Alfa Laval (OTCMKTS:ALFVY) is anticipated to release its results before the market opens on Tuesday, October 27th. Analysts expect Alfa Laval to post earnings of $0.57 per share and revenue of $1.88 billion for the quarter.

Alfa Laval Stock Performance

Shares of OTCMKTS:ALFVY opened at $54.31 on Monday. Alfa Laval has a twelve month low of $44.78 and a twelve month high of $62.95. The firm has a market cap of $22.45 billion, a PE ratio of 25.74, a price-to-earnings-growth ratio of 3.80 and a beta of 1.12. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.69 and a current ratio of 1.12. The business has a fifty day moving average of $57.34 and a 200-day moving average of $58.01.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Pareto Securities upgraded shares of Alfa Laval from a “hold” rating to a “buy” rating in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alfa Laval in a research report on Wednesday, July 22nd. Zacks Research downgraded shares of Alfa Laval from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 13th. Danske lowered shares of Alfa Laval to a “hold” rating in a research report on Tuesday, September 29th. Finally, Citigroup reiterated a “neutral” rating on shares of Alfa Laval in a research report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Alfa Laval Company Profile

Alfa Laval AB is a Swedish industrial company that develops and supplies products and systems for heat transfer, separation and fluid handling. Its technologies are used to improve energy efficiency, manage industrial processes and support the treatment of liquids, gases and other materials.

The company’s offerings include heat exchangers, centrifugal separators, pumps, valves, hygienic fluid-handling equipment, tank-cleaning systems and related process solutions. Alfa Laval serves customers in industries such as energy, food and beverage, pharmaceuticals, chemicals, wastewater treatment, marine transportation and other industrial markets.

Alfa Laval traces its origins to 1883, when Swedish engineer and inventor Gustaf de Laval founded the company that became associated with its separator technology.