Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Short Interest Update

Key Points

• Short interest fell 53.3% to 1,171 shares as of July 31, representing 0.0% of shares outstanding and just 0.1 days to cover.
• Analyst sentiment remains mixed: Citigroup maintained a neutral rating, while Deutsche Bank, RBC, and Pareto Securities supported buy or outperform ratings. The overall consensus rating is Hold.
• Alfa Laval reported quarterly EPS of $0.52, missing the $0.62 consensus estimate, while revenue of $1.87 billion matched expectations. Shares opened at $58.54, within their 52-week range of $43.92 to $62.95.

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY - Get Free Report) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 1,171 shares, a drop of 53.3% from the July 15th total of 2,506 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 21,960 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of equities research analysts have commented on ALFVY shares. Citigroup reissued a "neutral" rating on shares of Alfa Laval in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Alfa Laval in a research report on Wednesday, July 22nd. Royal Bank Of Canada reiterated an "outperform" rating on shares of Alfa Laval in a research note on Thursday, July 30th. Finally, Pareto Securities raised Alfa Laval from a "hold" rating to a "buy" rating in a report on Wednesday, July 22nd. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Alfa Laval Stock Performance

Shares of ALFVY opened at $58.54 on Friday. The company has a market capitalization of $24.20 billion, a price-to-earnings ratio of 27.74, a price-to-earnings-growth ratio of 3.97 and a beta of 1.12. Alfa Laval has a 52-week low of $43.92 and a 52-week high of $62.95. The company has a quick ratio of 0.69, a current ratio of 1.12 and a debt-to-equity ratio of 0.19. The stock has a 50 day moving average price of $58.23 and a 200 day moving average price of $57.74.

Alfa Laval (OTCMKTS:ALFVY - Get Free Report) last issued its earnings results on Tuesday, July 21st. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.10). The company had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.87 billion. Alfa Laval had a net margin of 11.63% and a return on equity of 18.41%. Research analysts predict that Alfa Laval will post 2.33 EPS for the current fiscal year.

Alfa Laval Company Profile

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.

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