Zacks Research Downgrades Andritz (OTCMKTS:ADRZY) to Hold

Key Points

• Zacks Research downgraded Andritz (OTCMKTS:ADRZY) from a strong-buy to a hold, while Deutsche Bank reaffirmed a buy, leaving a consensus rating of "Moderate Buy" (one Buy, one Hold).
• Shares fell about 1.6% after Andritz reported quarterly EPS of $0.22, missing estimates by $0.02 despite revenue of $2.10 billion slightly topping forecasts; the stock trades at a P/E of 15.23 with a market cap of $8.71 billion and a 12‑month range of $13.59–$18.81.

Andritz (OTCMKTS:ADRZY - Get Free Report) was downgraded by Zacks Research from a "strong-buy" rating to a "hold" rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Andritz in a research note on Tuesday, April 14th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Andritz has a consensus rating of "Moderate Buy".

Andritz Stock Down 1.6%

Shares of OTCMKTS ADRZY opened at $16.75 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. The company has a market cap of $8.71 billion, a price-to-earnings ratio of 15.23 and a beta of 1.13. Andritz has a 12 month low of $13.59 and a 12 month high of $18.81. The stock has a 50-day moving average price of $15.99 and a two-hundred day moving average price of $15.89.

Andritz (OTCMKTS:ADRZY - Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.02). Andritz had a return on equity of 20.19% and a net margin of 5.81%.The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.08 billion. As a group, analysts forecast that Andritz will post 1.24 earnings per share for the current fiscal year.

Andritz Company Profile

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.

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