Alstom (ALSMY) Projected to Post Earnings on Wednesday

Alstom (OTCMKTS:ALSMY) is expected to announce its resultson Wednesday, May 13th. Analysts expect the company to announce earnings of $0.0436 per share and revenue of $11.76 billion for the quarter.

Alstom Price Performance

Shares of ALSMY stock opened at $1.95 on Wednesday. The firm has a fifty day simple moving average of $2.62 and a 200-day simple moving average of $2.77. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.74 and a current ratio of 0.97. Alstom has a twelve month low of $1.84 and a twelve month high of $3.51.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ALSMY shares. Citigroup restated a “buy” rating on shares of Alstom in a research note on Friday, April 17th. Kepler Capital Markets upgraded shares of Alstom from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Alstom from a “buy” rating to a “hold” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Alstom has a consensus rating of “Hold”.

Alstom Company Profile

Alstom is a global leader in the transportation sector, specializing in the design, manufacture and delivery of rail infrastructure, rolling stock and signaling systems. The company’s portfolio includes high-speed trains, regional and commuter trains, metros, trams and e-buses, as well as digital mobility solutions for railway networks. In addition to new equipment, Alstom offers a comprehensive suite of services ranging from maintenance and modernization to spare parts management and on-site support.

Founded in France with roots tracing back to the early 20th century, Alstom has evolved through a series of mergers and acquisitions to become one of the world’s largest rail transport equipment suppliers.