Andritz (OTCMKTS:ADRZY) Shares Gap Up – Still a Buy?

Andritz (OTCMKTS:ADRZY) shares gapped up prior to trading on Thursday . The stock had previously closed at $16.31, but opened at $17.5350. Andritz shares last traded at $17.5350, with a volume of 500 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Andritz Price Performance

The stock has a fifty day moving average of $17.73 and a two-hundred day moving average of $16.92. The stock has a market cap of $9.12 billion, a price-to-earnings ratio of 15.94 and a beta of 1.15. The company has a quick ratio of 0.84, a current ratio of 1.08 and a debt-to-equity ratio of 0.22.

Andritz (OTCMKTS:ADRZY) last issued its earnings results on Wednesday, April 29th. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.02). The company had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.08 billion. Andritz had a return on equity of 20.04% and a net margin of 5.81%. On average, equities research analysts anticipate that Andritz will post 1.22 earnings per share for the current year.

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.