Evoqua Water Technologies Corp (NYSE:AQUA) has been given a consensus recommendation of “Buy” by the seven analysts that are covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $15.67.

Separately, Citigroup set a $12.00 target price on Avaya and gave the stock a “hold” rating in a research note on Monday, July 8th.

Institutional investors and hedge funds have recently modified their holdings of the company. Rhumbline Advisers increased its holdings in Evoqua Water Technologies by 49.2% in the fourth quarter. Rhumbline Advisers now owns 99,509 shares of the company’s stock valued at $955,000 after purchasing an additional 32,827 shares during the last quarter. New York State Common Retirement Fund increased its position in Evoqua Water Technologies by 561.8% in the 4th quarter. New York State Common Retirement Fund now owns 557,252 shares of the company’s stock valued at $5,350,000 after buying an additional 473,052 shares in the last quarter. Bank of New York Mellon Corp increased its position in Evoqua Water Technologies by 14.7% in the 4th quarter. Bank of New York Mellon Corp now owns 272,752 shares of the company’s stock valued at $2,618,000 after buying an additional 34,907 shares in the last quarter. Raymond James & Associates increased its position in Evoqua Water Technologies by 71.1% in the 4th quarter. Raymond James & Associates now owns 79,345 shares of the company’s stock valued at $762,000 after buying an additional 32,960 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in Evoqua Water Technologies by 10.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 31,295 shares of the company’s stock valued at $300,000 after buying an additional 3,045 shares in the last quarter.

Shares of AQUA stock traded down $0.20 on Monday, hitting $13.99. 449,924 shares of the stock were exchanged, compared to its average volume of 618,914. The business has a 50-day moving average of $13.11. Evoqua Water Technologies has a fifty-two week low of $7.92 and a fifty-two week high of $22.25.

Evoqua Water Technologies (NYSE:AQUA) last posted its quarterly earnings data on Friday, May 10th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.01). The firm had revenue of $348.60 million during the quarter, compared to the consensus estimate of $351.04 million. During the same period in the prior year, the company earned $0.18 earnings per share. Evoqua Water Technologies’s revenue for the quarter was up 4.5% compared to the same quarter last year.

Evoqua Water Technologies Company Profile

Evoqua Water Technologies Corp. provides a range of water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and services. It operates in three segments: Industrial, Municipal, and Products. The Industrial segment offers capital systems and related recurring aftermarket services, parts, and consumables, as well as long-term and short-term service contracts, and emergency services for treating industrial process water, utility water, and wastewater.

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Analyst Recommendations for Evoqua Water Technologies (NYSE:AQUA)

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