Andritz (OTCMKTS:ADRZY) Hits New 1-Year High – What’s Next?

Andritz (OTCMKTS:ADRZY) reached a new 52-week high during trading on Tuesday . The company traded as high as $20.4454 and last traded at $20.4454, with a volume of 1088 shares trading hands. The stock had previously closed at $19.6340.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Andritz Price Performance

The firm has a market capitalization of $10.63 billion, a P/E ratio of 18.25 and a beta of 1.13. The business has a 50-day moving average of $18.27 and a 200 day moving average of $17.35. The company has a current ratio of 1.08, a quick ratio of 0.84 and a debt-to-equity ratio of 0.22.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.01). Andritz had a return on equity of 19.95% and a net margin of 5.77%.The firm had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.23 billion. On average, sell-side analysts predict that Andritz will post 1.23 earnings per share for the current fiscal year.

Andritz Company Profile

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.