Andritz (OTCMKTS:ADRZY) Upgraded at Zacks Research

Zacks Research upgraded shares of Andritz (OTCMKTS:ADRZY) from a strong sell rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Andritz Stock Performance

OTCMKTS:ADRZY opened at $16.64 on Monday. The company has a fifty day simple moving average of $16.35 and a two-hundred day simple moving average of $15.75. The company has a market cap of $8.65 billion, a price-to-earnings ratio of 15.55 and a beta of 1.09. The company has a quick ratio of 0.88, a current ratio of 1.13 and a debt-to-equity ratio of 0.23. Andritz has a 52 week low of $11.96 and a 52 week high of $18.81.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings results on Thursday, March 5th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). The business had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.79 billion. Andritz had a return on equity of 20.46% and a net margin of 5.81%. As a group, equities analysts anticipate that Andritz will post 1.1 earnings per share for the current fiscal 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.