Alfa Laval (OTCMKTS:ALFVY) Stock Rating Cut to Strong Sell at Zacks Research

Alfa Laval (OTCMKTS:ALFVY) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday, Zacks reports.

Several other equities analysts have also issued reports on ALFVY. Citigroup reiterated a “neutral” rating on shares of Alfa Laval in a research note on Friday, August 7th. Pareto Securities upgraded Alfa Laval from a “hold” rating to a “buy” rating in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alfa Laval in a research note on Wednesday, July 22nd. Danske lowered Alfa Laval to a “hold” rating in a research report on Tuesday, September 29th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Alfa Laval in a research report on Thursday, July 30th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Alfa Laval Stock Down 1.9%

Shares of OTCMKTS ALFVY opened at $58.27 on Tuesday. The company has a current ratio of 1.12, a quick ratio of 0.69 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $24.08 billion, a PE ratio of 27.62, a price-to-earnings-growth ratio of 4.15 and a beta of 1.12. The stock’s fifty day simple moving average is $57.77 and its two-hundred day simple moving average is $57.92. Alfa Laval has a 12-month low of $44.78 and a 12-month high of $62.95.

Alfa Laval (OTCMKTS:ALFVY) last announced its quarterly earnings results on Tuesday, July 21st. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.10). The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Alfa Laval had a net margin of 11.63% and a return on equity of 18.41%. As a group, analysts expect that Alfa Laval will post 2.25 EPS for the current fiscal year.

About Alfa Laval

Alfa Laval AB is a Sweden-based industrial technology company that develops products and systems for heat transfer, separation and fluid handling. Its solutions are used to improve energy efficiency, support clean-water and wastewater treatment, process food and beverages, and handle industrial fluids in a range of applications.

The company’s offerings include heat exchangers, separators, decanters, pumps, valves, hygienic equipment and related process systems. Alfa Laval serves customers in industries such as energy, marine transportation, food and beverage, chemicals, pharmaceuticals, water treatment and general manufacturing.

Founded in 1883 by Swedish engineer Gustaf de Laval, the company has grown into a global business with sales, service operations and manufacturing activities across Europe, North America, Asia and other international markets.