Electrolux (OTCMKTS:ELUXY) Reaches New 12-Month Low - Here's What Happened

Key Points

• Electrolux's stock reached a new 12-month low at $11.19, with a trading volume of 137 shares, down from a previous close of $11.45.
• The company has received an "underweight" rating from Barclays, and the consensus rating among analysts is a "Moderate Buy" despite mixed ratings of one Strong Buy and one Sell.
• In its last earnings report, Electrolux missed earnings expectations, posting $0.13 per share against an estimate of $0.53, while generating $3.20 billion in revenue compared to anticipated figures of $33.03 billion.

Electrolux AB (OTCMKTS:ELUXY - Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as $11.19 and last traded at $11.19, with a volume of 137 shares changing hands. The stock had previously closed at $11.45.

Analyst Upgrades and Downgrades

Separately, Barclays reiterated an "underweight" rating on shares of Electrolux in a research report on Wednesday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Electrolux has a consensus rating of "Moderate Buy".

Electrolux Price Performance

The company has a current ratio of 0.96, a quick ratio of 0.59 and a debt-to-equity ratio of 4.02. The firm has a 50-day simple moving average of $12.50 and a two-hundred day simple moving average of $13.87. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 124.40 and a beta of 1.06.

Electrolux (OTCMKTS:ELUXY - Get Free Report) last posted its earnings results on Friday, July 18th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.40). Electrolux had a net margin of 0.11% and a return on equity of 1.61%. The company had revenue of $3.20 billion during the quarter, compared to analyst estimates of $33.03 billion. As a group, analysts predict that Electrolux AB will post 2.13 earnings per share for the current fiscal year.

Electrolux Company Profile

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories.

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