Andritz (OTCMKTS:ADRZY) Downgraded by Zacks Research to Hold

Zacks Research downgraded shares of Andritz (OTCMKTS:ADRZY) from a strong-buy rating to a hold rating in a research report released on Thursday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research note on Tuesday, April 14th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Andritz Stock Performance

ADRZY stock traded down $0.27 during trading hours on Thursday, reaching $16.75. The stock had a trading volume of 2,578 shares, compared to its average volume of 4,015. The stock has a market capitalization of $8.71 billion, a PE ratio of 15.23 and a beta of 1.13. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.13 and a quick ratio of 0.88. The stock has a 50-day simple moving average of $15.99 and a 200 day simple moving average of $15.89. Andritz has a fifty-two week low of $13.59 and a fifty-two week high of $18.81.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.08 billion. Andritz had a net margin of 5.81% and a return on equity of 20.19%. Analysts predict that Andritz will post 1.24 EPS for the current fiscal year.

About Andritz

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.