Alfa Laval (OTCMKTS:ALFVY) Sees Large Volume Increase - Time to Buy?

Key Points

• Trading volume rose 79% to approximately 33,371 shares, while Alfa Laval’s ADR fell 1.9% to $57.50 from a previous close of $58.57.
• Analyst sentiment is mixed: Pareto Securities upgraded the stock to “buy,” while other firms maintained buy, outperform, neutral, or sell ratings; MarketBeat’s overall consensus remains “Hold.”
• Alfa Laval’s latest quarterly EPS of $0.52 missed the $0.62 consensus estimate, although revenue of $1.87 billion matched expectations. Analysts project full-year EPS of $2.33.

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY - Get Free Report) saw strong trading volume on Wednesday . Approximately 33,371 shares were traded during mid-day trading, an increase of 79% from the previous session's volume of 18,604 shares.The stock last traded at $57.50 and had previously closed at $58.57.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ALFVY. Pareto Securities upgraded Alfa Laval from a "hold" rating to a "buy" rating in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Alfa Laval in a research report on Wednesday, July 22nd. Royal Bank Of Canada restated an "outperform" rating on shares of Alfa Laval in a report on Thursday, July 30th. Finally, Citigroup reaffirmed a "neutral" rating on shares of Alfa Laval in a research note on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Alfa Laval has an average rating of "Hold".

Alfa Laval Trading Down 1.9%

The stock has a market cap of $23.74 billion, a PE ratio of 27.22, a PEG ratio of 3.92 and a beta of 1.13. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.69 and a current ratio of 1.12. The stock has a fifty day moving average price of $58.81 and a 200 day moving average price of $57.93.

Alfa Laval (OTCMKTS:ALFVY - Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.62 by ($0.10). The company had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.87 billion. Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%. Equities analysts expect that Alfa Laval AB Unsponsored ADR will post 2.33 EPS for the current year.

About Alfa Laval

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.

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