Andritz (OTCMKTS:ADRZY) Upgraded at Zacks Research

Andritz (OTCMKTS:ADRZY) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Andritz Stock Down 6.8%

Shares of OTCMKTS ADRZY opened at $16.14 on Tuesday. 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 50-day moving average of $17.75 and a 200 day moving average of $16.87. Andritz has a 12-month low of $13.59 and a 12-month high of $19.20. The stock has a market cap of $8.39 billion, a PE ratio of 14.67 and a beta of 1.15.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). Andritz had a return on equity of 20.19% and a net margin of 5.81%.The company had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.08 billion. As a group, sell-side analysts predict that Andritz will post 1.24 EPS 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.