Alstom (ALSMY) Projected to Post Earnings on Wednesday

Alstom (OTCMKTS:ALSMY) is expected to be posting its resultson Wednesday, May 13th. Analysts expect Alstom to post earnings of $0.0436 per share and revenue of $11.76 billion for the quarter.

Alstom Stock Performance

Alstom stock opened at $1.95 on Wednesday. Alstom has a 52-week low of $1.84 and a 52-week high of $3.51. The firm has a fifty day moving average of $2.62 and a 200-day moving average of $2.77. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.97 and a quick ratio of 0.74.

Analysts Set New Price Targets

Several research firms have recently issued reports on ALSMY. Kepler Capital Markets raised shares of Alstom from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft lowered shares of Alstom from a “buy” rating to a “hold” rating in a research report on Friday, April 17th. Finally, Citigroup reissued a “buy” rating on shares of Alstom in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

About Alstom

Alstom is a global leader in the transportation sector, specializing in the design, manufacture and delivery of rail infrastructure, rolling stock and signaling systems. The company’s portfolio includes high-speed trains, regional and commuter trains, metros, trams and e-buses, as well as digital mobility solutions for railway networks. In addition to new equipment, Alstom offers a comprehensive suite of services ranging from maintenance and modernization to spare parts management and on-site support.

Founded in France with roots tracing back to the early 20th century, Alstom has evolved through a series of mergers and acquisitions to become one of the world’s largest rail transport equipment suppliers.