AB Electrolux (publ) (OTCMKTS:ELUXY) Upgraded by Citigroup to Neutral

Citigroup upgraded shares of AB Electrolux (publ) (OTCMKTS:ELUXYFree Report) from a sell rating to a neutral rating in a report released on Monday morning, MarketBeat.com reports.

AB Electrolux (publ) Trading Up 3.4 %

Shares of AB Electrolux (publ) stock opened at $20.86 on Monday. AB Electrolux has a 12-month low of $20.01 and a 12-month high of $34.64. The stock has a market capitalization of $2.95 billion, a P/E ratio of -8.02 and a beta of 1.27. The company has a 50-day simple moving average of $24.27 and a 200 day simple moving average of $25.77. The company has a quick ratio of 0.61, a current ratio of 0.96 and a debt-to-equity ratio of 1.66.

AB Electrolux (publ) (OTCMKTS:ELUXYGet Free Report) last posted its earnings results on Thursday, July 20th. The company reported ($0.46) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.80). The firm had revenue of $3.10 billion during the quarter. AB Electrolux (publ) had a negative net margin of 2.74% and a negative return on equity of 21.17%. Research analysts expect that AB Electrolux will post 1.11 earnings per share for the current fiscal year.

About AB Electrolux (publ)

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AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances in Europe, North America, Latin America, the Asia/Pacific, the Middle East, and Africa. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories.

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Analyst Recommendations for AB Electrolux (publ) (OTCMKTS:ELUXY)

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