Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,939 shares, an increase of 65.6% from the July 30th total of 1,171 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 17,178 shares, the short-interest ratio is presently 0.1 days.
Analyst Ratings Changes
A number of equities analysts have commented on the stock. Royal Bank Of Canada restated an “outperform” rating on shares of Alfa Laval in a research report on Thursday, July 30th. Pareto Securities upgraded shares of Alfa Laval from a “hold” rating to a “buy” rating in a research report on Wednesday, July 22nd. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research note on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alfa Laval in a research report on Wednesday, July 22nd. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Alfa Laval currently has a consensus rating of “Hold”.
Check Out Our Latest Analysis on Alfa Laval
Alfa Laval Stock Performance
Alfa Laval (OTCMKTS:ALFVY – Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.10). Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%.The company had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.87 billion. On average, research analysts predict that Alfa Laval will post 2.33 earnings per share for the current 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.
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