Electrolux (OTCMKTS:ELUXY) Hits New 52-Week Low - Here's Why

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)'s share price reached a new 52-week low during trading on Friday . The stock traded as low as $11.19 and last traded at $11.19, with a volume of 137 shares. The stock had previously closed at $11.45.

Wall Street Analyst Weigh In

Separately, Barclays restated an "underweight" rating on shares of Electrolux in a research note on Wednesday, June 18th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy".

Electrolux Trading Up 0.5%

The business has a 50 day simple moving average of $12.33 and a 200-day simple moving average of $13.73. 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 stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 124.38 and a beta of 1.06.

Electrolux (OTCMKTS:ELUXY - Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $3.20 billion during the quarter, compared to analyst estimates of $33.03 billion. Electrolux had a net margin of 0.11% and a return on equity of 1.61%. On average, equities analysts predict that Electrolux AB will post 2.13 earnings per share for the current 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.