Alfa Laval Corporate AB (OTCMKTS:ALFVY - Get Free Report) declared a dividend on Tuesday, April 29th, investing.com reports. Shareholders of record on Monday, May 5th will be paid a dividend of 0.6343 per share on Thursday, May 22nd. This represents a yield of 1.52%. The ex-dividend date of this dividend is Friday, May 2nd.
Alfa Laval Corporate Stock Performance
OTCMKTS ALFVY traded up $0.10 on Friday, reaching $42.22. The stock had a trading volume of 10,220 shares, compared to its average volume of 33,107. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.34 and a quick ratio of 0.84. The company has a market cap of $17.45 billion, a P/E ratio of 24.98, a price-to-earnings-growth ratio of 2.08 and a beta of 1.39. The firm has a fifty day moving average of $42.48 and a two-hundred day moving average of $43.03. Alfa Laval Corporate has a 1-year low of $36.86 and a 1-year high of $48.46.
Alfa Laval Corporate (OTCMKTS:ALFVY - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.04. The business had revenue of $1.71 billion during the quarter, compared to analysts' expectations of $1.56 billion. Alfa Laval Corporate had a return on equity of 18.34% and a net margin of 11.07%. On average, equities research analysts anticipate that Alfa Laval Corporate will post 1.85 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on ALFVY. The Goldman Sachs Group upgraded shares of Alfa Laval Corporate from a "strong sell" rating to a "hold" rating in a research report on Wednesday, March 26th. UBS Group upgraded Alfa Laval Corporate from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 9th.
Check Out Our Latest Stock Report on Alfa Laval Corporate
About Alfa Laval Corporate
(
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Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.
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