Alfa Laval (OTCMKTS:ALFVY) Announces Quarterly Earnings Results

Alfa Laval (OTCMKTS:ALFVY) released its quarterly earnings data on Wednesday. The company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.05), Zacks reports. Alfa Laval had a return on equity of 19.71% and a net margin of 11.86%.

Alfa Laval Price Performance

Shares of OTCMKTS:ALFVY remained flat at $61.17 during trading on Wednesday. The stock had a trading volume of 8,128 shares, compared to its average volume of 17,196. Alfa Laval has a 12-month low of $40.27 and a 12-month high of $62.95. The company has a 50 day moving average of $57.19 and a two-hundred day moving average of $52.75. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.75 and a current ratio of 1.18.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alfa Laval in a report on Thursday, February 5th. Citigroup reiterated a “neutral” rating on shares of Alfa Laval in a report on Thursday, April 9th. Morgan Stanley reiterated an “underweight” rating on shares of Alfa Laval in a report on Monday, February 23rd. Pareto Securities cut Alfa Laval from a “buy” rating to a “hold” rating in a report on Wednesday, April 8th. Finally, Zacks Research cut Alfa Laval from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

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.