Alfa Laval (OTCMKTS:ALFVY) Posts Earnings Results, Misses Estimates By $0.12 EPS

Alfa Laval (OTCMKTS:ALFVY) released its quarterly earnings results on Tuesday. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.12), Zacks reports. The company had revenue of $2.14 billion during the quarter, compared to analyst estimates of $2.03 billion. Alfa Laval had a net margin of 12.17% and a return on equity of 19.80%.

Alfa Laval Stock Performance

ALFVY traded up $0.13 during trading on Wednesday, reaching $56.75. The company’s stock had a trading volume of 2,099 shares, compared to its average volume of 25,245. The firm has a fifty day simple moving average of $51.88 and a two-hundred day simple moving average of $48.15. Alfa Laval has a 1 year low of $36.86 and a 1 year high of $59.22. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 0.23.

Analysts Set New Price Targets

Several equities analysts have issued reports on ALFVY shares. Zacks Research raised shares of Alfa Laval from a “hold” rating to a “strong-buy” rating in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a research note on Wednesday, October 29th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a research note on Wednesday, October 29th. Barclays restated an “overweight” rating on shares of Alfa Laval in a research report on Wednesday, December 3rd. Finally, Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research note on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Alfa Laval presently has an average rating of “Moderate Buy”.

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.