Electrolux (OTCMKTS:ELUXY) Reaches New 12-Month Low - Should You Sell?

Key Points

• Electrolux's stock has reached a new 52-week low, trading at $11.81, down from a previous close of $12.14.
• The company reported a loss of $0.40 per share in its recent quarterly earnings, significantly missing the consensus estimate of $0.53.
• Barclays has maintained an "underweight" rating on Electrolux shares, indicating bearish sentiment among analysts.

Shares of Electrolux AB (OTCMKTS:ELUXY - Get Free Report) reached a new 52-week low on Monday . The stock traded as low as $11.81 and last traded at $11.81, with a volume of 2334 shares. The stock had previously closed at $12.14.

Analyst Upgrades and Downgrades

Separately, Barclays reiterated an "underweight" rating on shares of Electrolux in a research note on Wednesday, June 18th.

Electrolux Trading Up 4.2%

The firm has a fifty day simple moving average of $13.61 and a two-hundred day simple moving average of $15.20. The stock has a market cap of $1.75 billion, a PE ratio of 137.46 and a beta of 1.11. The company has a current ratio of 0.96, a quick ratio of 0.59 and a debt-to-equity ratio of 4.02.

Electrolux (OTCMKTS:ELUXY - Get Free Report) last released its quarterly 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). The business had revenue of $3.20 billion during the quarter, compared to analysts' expectations of $33.03 billion. Electrolux had a net margin of 0.11% and a return on equity of 1.61%. As a group, equities analysts expect 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.