Acerinox (OTCMKTS:ANIOY - Get Free Report) is anticipated to issue its quarterly earnings data on Thursday, April 24th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $1.55 billion for the quarter.
Acerinox (OTCMKTS:ANIOY - Get Free Report) last posted its earnings results on Friday, February 28th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.23 by ($0.10). The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.24 billion. Acerinox had a net margin of 0.79% and a return on equity of 7.94%. On average, analysts expect Acerinox to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Acerinox Price Performance
Acerinox stock traded up $0.34 during mid-day trading on Monday, reaching $5.48. 175 shares of the company's stock traded hands, compared to its average volume of 488. Acerinox has a 12-month low of $4.45 and a 12-month high of $6.47. The company has a market cap of $2.73 billion, a price-to-earnings ratio of 68.45 and a beta of 1.15. The stock has a 50 day moving average of $5.70 and a two-hundred day moving average of $5.19. The company has a quick ratio of 1.37, a current ratio of 2.25 and a debt-to-equity ratio of 0.53.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on ANIOY shares. BNP Paribas downgraded shares of Acerinox to a "neutral" rating in a report on Monday, April 7th. Barclays reiterated an "overweight" rating on shares of Acerinox in a report on Wednesday, March 5th. Finally, Jefferies Financial Group upgraded Acerinox to a "buy" rating in a report on Wednesday, March 5th.
Read Our Latest Research Report on Acerinox
Acerinox Company Profile
(
Get Free Report)
Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.
See Also
Before you consider Acerinox, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Acerinox wasn't on the list.
While Acerinox currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
