Andritz (OTCMKTS:ADRZY) Sets New 1-Year High – Should You Buy?

Andritz (OTCMKTS:ADRZY) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $20.4454 and last traded at $20.4454, with a volume of 1088 shares trading hands. The stock had previously closed at $19.6340.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Andritz Stock Up 4.8%

The stock has a market capitalization of $10.63 billion, a price-to-earnings ratio of 18.25 and a beta of 1.14. The firm has a 50 day simple moving average of $18.20 and a 200-day simple moving average of $17.32. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.08 and a quick ratio of 0.84.

Andritz (OTCMKTS:ADRZY) last issued its earnings results on Thursday, July 30th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.01). Andritz had a net margin of 5.77% and a return on equity of 19.95%. The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.23 billion. On average, sell-side analysts forecast that Andritz will post 1.23 EPS 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.