Alfa Laval (OTCMKTS:ALFVY) Hits New 1-Year High – What’s Next?

Shares of Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $59.23 and last traded at $59.17, with a volume of 6363 shares trading hands. The stock had previously closed at $58.25.

Analyst Upgrades and Downgrades

ALFVY has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a report on Thursday, February 5th. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research report on Monday, December 15th. Barclays reiterated an “overweight” rating on shares of Alfa Laval in a research report on Wednesday, December 3rd. Zacks Research downgraded shares of Alfa Laval from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a report on Wednesday, October 29th. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Alfa Laval Price Performance

The business has a 50-day simple moving average of $54.73 and a two-hundred day simple moving average of $49.64. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.72 and a current ratio of 1.12.

Alfa Laval (OTCMKTS:ALFVY) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.12). The business had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.03 billion. Alfa Laval had a return on equity of 19.99% and a net margin of 11.86%. On average, sell-side analysts forecast that Alfa Laval AB Unsponsored ADR will post 1.85 earnings per share for the current fiscal year.

About Alfa Laval

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.