Electrolux (OTCMKTS:ELUXY) Trading Down 11.7% - Here's Why

Key Points

• Electrolux shares tumbled 11.7% intraday to $12.02, with only about 4,101 shares traded—roughly 68% below the stock's average daily volume.
• The company reported a large quarterly EPS miss of $0.36 versus a $0.98 consensus while revenue beat at $3.96 billion, and reported a slim net margin of 0.69%.
• Analysts hold a consensus rating of “Hold” (1 Strong Buy, 2 Hold, 1 Sell); the firm has a market cap of about $1.72 billion and high leverage (debt-to-equity 3.57), with the 50‑day moving average (~$15.62) well above the current price.

Electrolux AB (OTCMKTS:ELUXY - Get Free Report) shares were down 11.7% during mid-day trading on Monday . The company traded as low as $12.02 and last traded at $12.02. Approximately 4,101 shares traded hands during trading, a decline of 68% from the average daily volume of 12,984 shares. The stock had previously closed at $13.61.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ELUXY. Zacks Research upgraded shares of Electrolux from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 30th. Citigroup reissued a "neutral" rating on shares of Electrolux in a research note on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Electrolux in a research report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold".

Electrolux Trading Down 4.8%

The stock has a fifty day moving average of $15.62 and a two-hundred day moving average of $13.55. The company has a market capitalization of $1.72 billion, a PE ratio of 18.09 and a beta of 1.15. The company has a current ratio of 0.96, a quick ratio of 0.66 and a debt-to-equity ratio of 3.57.

Electrolux (OTCMKTS:ELUXY - Get Free Report) last issued its earnings results on Friday, January 30th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.62). The firm had revenue of $3.96 billion during the quarter, compared to analysts' expectations of $3.79 billion. Electrolux had a return on equity of 10.82% and a net margin of 0.69%. As a group, sell-side analysts anticipate that Electrolux AB will post 2.13 earnings per share for the current fiscal year.

Electrolux Company Profile

Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company's product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.

Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world's largest appliance makers.

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