Voestalpine (OTCMKTS:VLPNY – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.01), Zacks reports. Voestalpine had a net margin of 2.97% and a return on equity of 5.98%.
Voestalpine Stock Performance
Shares of VLPNY traded down $0.15 during mid-day trading on Wednesday, reaching $10.98. The company’s stock had a trading volume of 10,077 shares, compared to its average volume of 5,661. The stock has a market cap of $9.41 billion, a P/E ratio of 18.00 and a beta of 1.44. The business has a 50-day simple moving average of $10.14 and a two-hundred day simple moving average of $9.99. Voestalpine has a 1-year low of $5.35 and a 1-year high of $11.78. The company has a current ratio of 1.35, a quick ratio of 0.55 and a debt-to-equity ratio of 0.20.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Voestalpine in a report on Thursday, June 4th. Zacks Research raised shares of Voestalpine from a “hold” rating to a “strong-buy” rating in a research note on Monday. UBS Group cut shares of Voestalpine from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Finally, Citigroup reiterated a “neutral” rating on shares of Voestalpine in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
About Voestalpine
Voestalpine AG is a leading steel-based technology and capital goods group headquartered in Linz, Austria. The company specializes in the production of high-quality steel and sophisticated components for a range of industries, including automotive, railway systems, aerospace, energy, and construction. It operates across all major processing steps in steel production, from raw‐material processing and steelmaking to downstream activities such as coating, processing, and assembly.
Voestalpine’s portfolio is organized into several business divisions.
Further Reading
- Five stocks we like better than Voestalpine
- Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth
- AMD’s Post-Earnings Drop May Be the Opportunity Investors Wanted
- 3 Stocks That Prove the AI Trade Isn’t Over, It Moved
- The FTC Is Suing Hims & Hers Health—Here’s Why Investors Shouldn’t Panic
Receive News & Ratings for Voestalpine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Voestalpine and related companies with MarketBeat.com's FREE daily email newsletter.
