Voestalpine (VLPNY) to Release Quarterly Earnings on Wednesday

Voestalpine (OTCMKTS:VLPNY) is expected to be announcing its results before the market opens on Wednesday, February 11th. Analysts expect the company to announce earnings of $0.09 per share for the quarter.

Voestalpine (OTCMKTS:VLPNY) last released its quarterly earnings results on Wednesday, November 12th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01. The company had revenue of $4.31 billion for the quarter, compared to analysts’ expectations of $4.31 billion. Voestalpine had a return on equity of 3.10% and a net margin of 1.50%. On average, analysts expect Voestalpine to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Voestalpine Price Performance

VLPNY stock opened at $9.51 on Wednesday. The company has a fifty day moving average price of $8.93 and a 200-day moving average price of $7.47. Voestalpine has a 52-week low of $3.81 and a 52-week high of $9.55. The company has a market capitalization of $8.16 billion, a P/E ratio of 32.81 and a beta of 1.33. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.49 and a current ratio of 1.32.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on VLPNY. Morgan Stanley restated an “overweight” rating on shares of Voestalpine in a research note on Tuesday, January 6th. Citigroup reaffirmed a “neutral” rating on shares of Voestalpine in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Voestalpine in a research note on Thursday, November 13th. Finally, UBS Group upgraded Voestalpine from a “hold” rating to a “buy” rating in a research note on Monday, November 17th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Voestalpine Company Profile

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.