Alfa Laval (OTCMKTS:ALFVY) Cut to “Hold” at Zacks Research

Zacks Research cut shares of Alfa Laval (OTCMKTS:ALFVY) from a strong-buy rating to a hold rating in a report published on Tuesday morning,Zacks.com reports.

Several other research analysts have also commented on the company. Citigroup reissued a “neutral” rating on shares of Alfa Laval in a report on Monday, December 15th. Royal Bank Of Canada reissued an “outperform” rating on shares of Alfa Laval in a research note on Wednesday, October 29th. Barclays reissued an “overweight” rating on shares of Alfa Laval in a report on Wednesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alfa Laval in a report on Wednesday, October 29th. Three research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Alfa Laval Trading Down 1.3%

Alfa Laval stock opened at $55.73 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 0.23. Alfa Laval has a fifty-two week low of $36.86 and a fifty-two week high of $59.22. The firm’s fifty day moving average price is $52.26 and its 200-day moving average price is $48.26.

Alfa Laval (OTCMKTS:ALFVY) last posted its earnings results on Tuesday, February 3rd. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.12). The business had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.03 billion. Alfa Laval had a return on equity of 19.99% and a net margin of 11.86%. As a group, analysts forecast that Alfa Laval will post 1.85 earnings per share for the current year.

Alfa Laval Company Profile

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.