Shares of Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY - Get Free Report) shot up 0.5% on Friday . The stock traded as high as $41.91 and last traded at $41.58. 12,717 shares were traded during trading, a decline of 29% from the average session volume of 17,791 shares. The stock had previously closed at $41.37.
Wall Street Analyst Weigh In
ALFVY has been the topic of several recent analyst reports. The Goldman Sachs Group raised Alfa Laval from a "strong sell" rating to a "hold" rating in a research report on Wednesday, March 26th. UBS Group upgraded shares of Alfa Laval from a "strong sell" rating to a "hold" rating in a report on Wednesday, April 9th.
Get Our Latest Research Report on ALFVY
Alfa Laval Trading Down 1.7%
The stock's fifty day simple moving average is $42.01 and its 200-day simple moving average is $42.68. 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 firm has a market cap of $16.89 billion, a PE ratio of 23.35, a PEG ratio of 1.75 and a beta of 1.36.
Alfa Laval (OTCMKTS:ALFVY - Get Free Report) last released its 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. Alfa Laval had a return on equity of 19.01% and a net margin of 11.26%. The firm had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.56 billion. On average, sell-side analysts forecast that Alfa Laval AB Unsponsored ADR will post 1.85 earnings per share for the current year.
Alfa Laval Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, May 22nd. Stockholders of record on Monday, May 5th were issued a $0.6343 dividend. This represents a dividend yield of 1.52%. The ex-dividend date of this dividend was Friday, May 2nd. Alfa Laval's dividend payout ratio is presently 43.43%.
About Alfa Laval
(
Get Free Report)
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.
Featured Articles
Before you consider Alfa Laval, 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 Alfa Laval wasn't on the list.
While Alfa Laval currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
