Andritz (OTCMKTS:ADRZY) Short Interest Down 42.4% in March

Key Points

• Short interest down 42.4% — as of March 13 short interest fell to 695 shares from 1,206 on February 26, giving a days-to-cover of 0.7 based on average daily volume and a reported 0.0% of shares sold short.
• Andritz missed quarterly estimates modestly, reporting EPS of $0.37 versus a $0.38 consensus and revenue of $2.78 billion versus $2.79 billion, with a net margin of 5.81% and ROE of 21.12%.
• The stock opened at $15.35 and was trading up 6.3%, with a market cap of roughly $7.98 billion, a P/E of 14.34 and a 52-week range of $10.79–$18.81; analyst coverage is mixed (two Buys, one Sell) and the average rating is "Hold".

Andritz (OTCMKTS:ADRZY - Get Free Report) was the recipient of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 695 shares, a decrease of 42.4% from the February 26th total of 1,206 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 941 shares, the days-to-cover ratio is currently 0.7 days.

Andritz Trading Up 6.3%

Andritz stock opened at $15.35 on Friday. Andritz has a 52 week low of $10.79 and a 52 week high of $18.81. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 1.11. The firm has a market capitalization of $7.98 billion, a PE ratio of 14.34 and a beta of 0.97. The business's 50-day simple moving average is $16.89 and its 200-day simple moving average is $15.64.

Andritz (OTCMKTS:ADRZY - Get Free Report) last announced its earnings results on Thursday, March 5th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). The business 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%. Equities research analysts forecast that Andritz will post 1.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ADRZY shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Andritz in a report on Monday, February 9th. Zacks Research downgraded shares of Andritz from a "hold" rating to a "strong sell" rating in a report on Tuesday, March 10th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold".

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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