Andritz (OTCMKTS:ADRZY) Cut to “Strong Sell” at Zacks Research

Zacks Research downgraded shares of Andritz (OTCMKTS:ADRZY) from a hold rating to a strong sell rating in a research note published on Tuesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Andritz presently has an average rating of “Hold”.

Andritz Trading Down 0.6%

OTCMKTS:ADRZY opened at $15.02 on Tuesday. Andritz has a 1 year low of $10.79 and a 1 year high of $18.81. The stock’s fifty day moving average price is $17.24 and its two-hundred day moving average price is $15.63. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 0.84. The company has a market cap of $7.81 billion, a P/E ratio of 14.04 and a beta of 0.97.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $2.79 billion. Andritz had a net margin of 5.81% and a return on equity of 21.12%. As a group, analysts expect that Andritz will post 1.1 EPS for the current year.

Andritz Company Profile

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.