Andritz (OTCMKTS:ADRZY) Shares Gap Up – Still a Buy?

Andritz (OTCMKTS:ADRZY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $16.94, but opened at $17.70. Andritz shares last traded at $16.92, with a volume of 827 shares changing hands.

Analyst Ratings Changes

ADRZY has been the topic of a number of research analyst reports. Zacks Research raised Andritz from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, Andritz currently has a consensus rating of “Strong Buy”.

Andritz Stock Performance

The stock has a 50-day moving average of $16.29 and a 200-day moving average of $15.80. The firm has a market cap of $8.80 billion, a price-to-earnings ratio of 15.81 and a beta of 1.09. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.13.

Andritz (OTCMKTS:ADRZY) last announced its earnings results on Thursday, March 5th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). Andritz had a net margin of 5.81% and a return on equity of 20.46%. The firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.79 billion. As a group, analysts anticipate that Andritz will post 1.1 EPS for the current fiscal year.

About Andritz

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.