Electrolux AB (OTCMKTS:ELUXY) Receives Average Recommendation of “Reduce” from Analysts

Electrolux AB (OTCMKTS:ELUXY) has been given a consensus rating of “Reduce” by the six analysts that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating on the company.

Several equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Electrolux in a research note on Monday, February 2nd. The Goldman Sachs Group raised shares of Electrolux to a “hold” rating in a research note on Friday, March 27th. Zacks Research downgraded shares of Electrolux from a “hold” rating to a “strong sell” rating in a research note on Friday, May 1st. Citigroup reissued a “neutral” rating on shares of Electrolux in a research note on Thursday, January 22nd. Finally, Rothschild & Co Redburn downgraded shares of Electrolux from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th.

Electrolux Stock Performance

Shares of Electrolux stock opened at $10.58 on Friday. The company has a 50 day moving average of $12.72 and a 200-day moving average of $13.75. Electrolux has a 1-year low of $9.84 and a 1-year high of $19.83. The company has a current ratio of 0.94, a quick ratio of 0.66 and a debt-to-equity ratio of 3.19. The company has a market cap of $1.50 billion, a PE ratio of 40.69 and a beta of 1.05.

Electrolux (OTCMKTS:ELUXY) last issued its quarterly earnings data on Friday, April 24th. The company reported ($0.38) EPS for the quarter, missing the consensus estimate of $0.23 by ($0.61). The company had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.40 billion. Electrolux had a net margin of 0.27% and a return on equity of 4.03%. As a group, equities research analysts forecast that Electrolux will post -0.07 earnings per share for the current fiscal year.

Electrolux Company Profile

Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company’s product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.

Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world’s largest appliance makers.