Andritz (OTCMKTS:ADRZY) Trading Down 5.3% - Here's What Happened

Key Points

• Andritz (ADRZY) fell 5.3% mid-day to $15.96 with trading volume surging ~297% to 5,083 shares versus an average of 1,280, after a prior close of $16.85.
• Analysts are split: Deutsche Bank reissued a Buy while Zacks downgraded the stock to a Strong Sell, leaving an average rating of Hold.
• The company slightly missed quarterly expectations with EPS of $0.37 (vs. $0.38 expected) and revenue of $2.78B (vs. $2.79B expected); Andritz has a market cap of $9.04B, a PE of 16.24, net margin of 5.81% and ROE of 20.46%.

Andritz (OTCMKTS:ADRZY - Get Free Report) fell 5.3% during mid-day trading on Tuesday . The company traded as low as $15.96 and last traded at $15.96. 5,083 shares were traded during trading, an increase of 297% from the average session volume of 1,280 shares. The stock had previously closed at $16.85.

Analyst Ratings Changes

A number of brokerages recently issued reports on ADRZY. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Andritz in a report on Tuesday. Zacks Research downgraded shares of Andritz from a "hold" rating to a "strong sell" rating in a report on Tuesday, March 10th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold".

Andritz Stock Up 3.1%

The stock has a market cap of $9.04 billion, a PE ratio of 16.24 and a beta of 1.09. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. The business has a 50-day moving average price of $16.41 and a 200-day moving average price of $15.73.

Andritz (OTCMKTS:ADRZY - Get Free Report) last announced its 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 20.46%. The business had revenue of $2.78 billion for the quarter, compared to analysts' expectations of $2.79 billion. As a group, analysts forecast that Andritz will post 1.1 earnings per share for the current 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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