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

Key Points

• Shares gapped up about 9.7% — Andritz opened at $16.45 after closing at $15.00 and last traded at $16.45 on a volume of 16,023 shares.
• Analyst views and recent results are mixed — the stock has one Buy and one Sell (average "Hold"), with Zacks downgrading to "strong sell" and Deutsche Bank maintaining a "buy"; the company reported Q results of $0.37 EPS (missed by $0.01) and $2.78B revenue, with a market cap of $8.55B and a P/E of 15.37.

Shares of Andritz (OTCMKTS:ADRZY - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $15.00, but opened at $16.45. Andritz shares last traded at $16.45, with a volume of 16,023 shares traded.

Analyst Ratings Changes

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

Andritz Stock Up 9.7%

The business's 50 day moving average is $16.47 and its 200-day moving average is $15.68. The stock has a market cap of $8.55 billion, a price-to-earnings ratio of 15.37 and a beta of 1.09. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 1.11.

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

About Andritz

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.

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