Electrolux (OTCMKTS:ELUXY) Sets New 1-Year Low - Should You Sell?

Key Points

• Electrolux AB has reached a new 52-week low of $10.80, marking a significant drop in its stock performance.
• Analysts have mixed opinions on Electrolux, with a consensus rating of "Hold" and a recent upgrade from Zacks Research.
• The company's recent quarterly earnings were disappointing, with an EPS of $0.13, significantly missing expectations of $0.53.

Electrolux AB (OTCMKTS:ELUXY - Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as $10.80 and last traded at $10.80, with a volume of 125 shares changing hands. The stock had previously closed at $10.97.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ELUXY shares. Deutsche Bank Aktiengesellschaft started coverage on Electrolux in a report on Tuesday. They issued a "hold" rating for the company. Zacks Research upgraded Electrolux from a "strong sell" rating to a "hold" rating in a report on Friday, September 19th. Finally, Barclays restated an "underweight" rating on shares of Electrolux in a report on Wednesday, June 18th. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold".

Electrolux Stock Down 1.6%

The company has a quick ratio of 0.59, a current ratio of 0.96 and a debt-to-equity ratio of 4.02. The company has a market capitalization of $1.53 billion, a P/E ratio of 119.96 and a beta of 1.10. The firm has a fifty day simple moving average of $11.73 and a 200-day simple moving average of $13.04.

Electrolux (OTCMKTS:ELUXY - Get Free Report) last posted its quarterly earnings data on Friday, July 18th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.53 by ($0.40). The firm had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $33.03 billion. Electrolux had a return on equity of 1.61% and a net margin of 0.11%. On average, equities research analysts expect that Electrolux AB will post 2.13 EPS 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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