Alfa Laval (OTCMKTS:ALFVY) Posts Earnings Results, Misses Estimates By $0.01 EPS

Key Points

• Alfa Laval reported quarterly EPS of $0.56, missing analysts’ consensus estimate by $0.01. The company posted an 18.41% return on equity and an 11.63% net margin.
• Shares opened at $54.91, giving Alfa Laval a market capitalization of approximately $22.70 billion. The stock trades at a P/E ratio of 25.74 and has ranged from $44.78 to $62.95 over the past 52 weeks.
• Analyst sentiment is mixed: four analysts rate the stock Buy, two rate it Hold and two rate it Sell, resulting in a consensus rating of Hold.

Alfa Laval (OTCMKTS:ALFVY - Get Free Report) posted its earnings results on Tuesday. The company reported $0.56 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by ($0.01), Zacks reports. Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%.

Alfa Laval Stock Performance

ALFVY opened at $54.91 on Tuesday. The firm has a market cap of $22.70 billion, a P/E ratio of 25.74, a price-to-earnings-growth ratio of 3.80 and a beta of 1.12. Alfa Laval has a 52-week low of $44.78 and a 52-week high of $62.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.69 and a current ratio of 1.12. The business's fifty day moving average is $57.34 and its 200-day moving average is $57.41.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ALFVY shares. Danske downgraded Alfa Laval to a "hold" rating in a report on Tuesday, September 29th. Zacks Research downgraded shares of Alfa Laval from a "hold" rating to a "strong sell" rating in a report on Tuesday, October 13th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Alfa Laval in a report on Wednesday, July 22nd. Pareto Securities raised shares of Alfa Laval from a "hold" rating to a "buy" rating in a research report on Wednesday, July 22nd. Finally, Royal Bank Of Canada restated an "outperform" rating on shares of Alfa Laval in a research note on Thursday, July 30th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Alfa Laval has an average rating of "Hold".

About Alfa Laval

Alfa Laval AB is a Swedish industrial company that develops and supplies products and systems for heat transfer, separation and fluid handling. Its technologies are used to improve energy efficiency, manage industrial processes and support the treatment of liquids, gases and other materials.

The company's offerings include heat exchangers, centrifugal separators, pumps, valves, hygienic fluid-handling equipment, tank-cleaning systems and related process solutions. Alfa Laval serves customers in industries such as energy, food and beverage, pharmaceuticals, chemicals, wastewater treatment, marine transportation and other industrial markets.

Alfa Laval traces its origins to 1883, when Swedish engineer and inventor Gustaf de Laval founded the company that became associated with its separator technology.

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