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Andritz (OTCMKTS:ADRZY) Shares Gap Up - Time to Buy?

Andritz logo with Industrials background
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Key Points

  • Gapped up: Andritz shares opened premarket at $15.345 versus a prior close of $14.83 but traded on very light volume (173 shares), which may indicate limited conviction behind the move.
  • Mixed analyst sentiment: Two analysts rate the stock a Buy and one a Sell (average rating: Hold); Zacks recently downgraded to "strong sell" while Deutsche Bank reaffirmed a "buy."
  • Fundamentals and recent results: Andritz slightly missed quarterly estimates (EPS $0.37 vs $0.38; revenue $2.78B vs $2.79B), trades at a P/E of 14.34 with a market cap of ~$7.98B, and its 50-day SMA ($16.93) sits above the current price.
  • MarketBeat previews top five stocks to own in May.

Andritz (OTCMKTS:ADRZY - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $14.83, but opened at $15.3450. Andritz shares last traded at $15.3450, with a volume of 173 shares.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ADRZY shares. Zacks Research lowered Andritz from a "hold" rating to a "strong sell" rating in a research report on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Andritz in a report on Monday, February 9th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold".

Check Out Our Latest Analysis on Andritz

Andritz Stock Up 6.3%

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 0.84. The stock's fifty day simple moving average is $16.93 and its 200-day simple moving average is $15.64. The stock has a market cap of $7.98 billion, a P/E ratio of 14.34 and a beta of 0.97.

Andritz (OTCMKTS:ADRZY - Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.79 billion. Andritz had a net margin of 5.81% and a return on equity of 21.12%. On average, research analysts anticipate that Andritz will post 1.1 earnings per share for the current year.

About Andritz

(Get Free Report)

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.

See Also

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