Electrolux (OTCMKTS:ELUXY) Reaches New 52-Week Low - What's Next?

Key Points

• Electrolux shares have hit a new 52-week low at $11.71 amid concerns over recent performance.
• Analysts have assigned Electrolux a consensus rating of "Moderate Buy", but Barclays has reaffirmed an "underweight" rating.
• The company reported a significant earnings miss with $0.13 EPS compared to the expected $0.53, highlighting ongoing challenges in its financial performance.

Electrolux AB (OTCMKTS:ELUXY - Get Free Report) hit a new 52-week low on Wednesday . The company traded as low as $11.71 and last traded at $11.71, with a volume of 9217 shares changing hands. The stock had previously closed at $12.64.

Analyst Upgrades and Downgrades

Separately, Barclays reaffirmed 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 company. Based on data from MarketBeat.com, Electrolux currently has an average rating of "Moderate Buy".

Electrolux Price Performance

The stock has a 50 day moving average of $13.32 and a two-hundred day moving average of $14.41. The company has a debt-to-equity ratio of 4.02, a quick ratio of 0.59 and a current ratio of 0.96. The stock has a market cap of $1.68 billion, a PE ratio of 132.01 and a beta of 1.06.

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