Alfa Laval (OTCMKTS:ALFVY) Shares Up 2.1% - What's Next?

Key Points

• Alfa Laval's stock price rose 2.1% to $44.03 during trading on Tuesday, with a trading volume increase of 7% over the average daily volume.
• Analyst reports indicate Alfa Laval has shifted from a "sell" to a "hold" rating by Nordea Equity Research, while Citigroup maintains a "neutral" rating, resulting in an average stock rating of "Hold."
• In its recent earnings report, Alfa Laval missed EPS estimates with $0.50, and revenue of $1.76 billion came in below the expected $1.83 billion, reflecting a net margin of 11.86% and a return on equity of 19.85%.

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY - Get Free Report)'s stock price rose 2.1% on Tuesday . The stock traded as high as $44.03 and last traded at $44.03. Approximately 12,088 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 11,324 shares. The stock had previously closed at $43.12.

Wall Street Analyst Weigh In

ALFVY has been the topic of several research reports. Nordea Equity Research raised shares of Alfa Laval from a "sell" rating to a "hold" rating in a research note on Wednesday, July 23rd. Citigroup reissued a "neutral" rating on shares of Alfa Laval in a research note on Wednesday, July 30th. Four analysts have rated the stock with a hold rating, According to MarketBeat.com, the company has a consensus rating of "Hold".

Alfa Laval Trading Up 0.6%

The company's 50 day moving average price is $43.13 and its two-hundred day moving average price is $42.85. 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 stock has a market capitalization of $18.27 billion, a PE ratio of 23.64, a P/E/G ratio of 2.32 and a beta of 1.34.

Alfa Laval (OTCMKTS:ALFVY - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The company reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.55 by ($0.05). Alfa Laval had a return on equity of 19.85% and a net margin of 11.86%. The firm had revenue of $1.76 billion for the quarter, compared to analysts' expectations of $1.83 billion. As a group, analysts expect that Alfa Laval AB Unsponsored ADR will post 1.85 earnings per share for the current year.

Alfa Laval Company Profile

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.