Andritz (ADRZY) to Release Earnings on Thursday

Andritz (OTCMKTS:ADRZY) is expected to announce its results before the market opens on Thursday, March 5th. Analysts expect the company to announce earnings of $0.3817 per share and revenue of $2.7878 billion for the quarter.

Andritz Stock Performance

ADRZY stock remained flat at $17.77 during midday trading on Tuesday. 58 shares of the company’s stock were exchanged, compared to its average volume of 615. Andritz has a 12 month low of $10.79 and a 12 month high of $18.81. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 0.84. The stock has a market capitalization of $9.24 billion, a P/E ratio of 17.25 and a beta of 0.97. The company’s 50-day moving average price is $17.02 and its 200 day moving average price is $15.54.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a research note on Monday, February 9th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

About Andritz

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.