Electrolux (OTCMKTS:ELUXY) Stock Price Up 0.8% - Should You Buy?

Key Points

• Electrolux AB's stock price increased by 0.8% to $11.11, with trading volume dropping by 92% compared to its average.
• Analysts have given Electrolux a mixed rating, with one recommending a Strong Buy, another a Hold, and one a Sell, resulting in a consensus rating of "Hold".
• The company reported earnings of $0.13 EPS for the last quarter, missing the consensus estimate of $0.53 by $0.40 and generating revenue of $3.20 billion.

Shares of Electrolux AB (OTCMKTS:ELUXY - Get Free Report) rose 0.8% during trading on Thursday . The stock traded as high as $11.11 and last traded at $11.11. Approximately 172 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 2,248 shares. The stock had previously closed at $11.02.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ELUXY shares. Barclays reaffirmed an "underweight" rating on shares of Electrolux in a research note on Wednesday, June 18th. Zacks Research raised shares of Electrolux from a "strong sell" rating to a "hold" rating in a research note on Friday, September 19th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold".

Electrolux Stock Performance

The stock's 50-day simple moving average is $11.94 and its 200 day simple moving average is $13.41. 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 company has a market capitalization of $1.57 billion, a PE ratio of 123.46 and a beta of 1.10.

Electrolux (OTCMKTS:ELUXY - Get Free Report) last announced 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 during the quarter, compared to analysts' expectations of $33.03 billion. As a group, research analysts expect that Electrolux AB will post 2.13 earnings per share for the current fiscal year.

About Electrolux

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.