Alfa Laval (OTCMKTS:ALFVY) Announces Quarterly Earnings Results

Alfa Laval (OTCMKTS:ALFVY) announced its quarterly earnings data on Wednesday. The company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.05), Zacks reports. The firm had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.78 billion. Alfa Laval had a net margin of 11.83% and a return on equity of 19.77%.

Alfa Laval Price Performance

Shares of OTCMKTS ALFVY opened at $58.99 on Friday. Alfa Laval has a 52 week low of $40.27 and a 52 week high of $62.95. The company’s 50-day moving average price is $57.25 and its 200 day moving average price is $52.84. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.18 and a quick ratio of 0.75.

Analyst Ratings Changes

ALFVY has been the topic of a number of recent analyst reports. Zacks Research cut shares of Alfa Laval from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a research note on Thursday, February 5th. Pareto Securities cut shares of Alfa Laval from a “buy” rating to a “hold” rating in a research note on Wednesday, April 8th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Alfa Laval in a research note on Monday, February 23rd. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Alfa Laval 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.