Alfa Laval Corporate (OTCMKTS:ALFVY) Upgraded to "Hold" at The Goldman Sachs Group

Alfa Laval Corporate (OTCMKTS:ALFVY - Get Free Report) was upgraded by research analysts at The Goldman Sachs Group from a "strong sell" rating to a "hold" rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Royal Bank of Canada raised shares of Alfa Laval Corporate from a "hold" rating to a "moderate buy" rating in a report on Wednesday, December 18th.

Alfa Laval Corporate Price Performance

Shares of OTCMKTS:ALFVY traded down $1.37 during trading on Wednesday, reaching $42.85. The company had a trading volume of 15,492 shares, compared to its average volume of 31,896. Alfa Laval Corporate has a 12 month low of $38.20 and a 12 month high of $48.46. The company has a current ratio of 1.34, a quick ratio of 0.84 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $17.71 billion, a P/E ratio of 25.35, a price-to-earnings-growth ratio of 2.08 and a beta of 1.43. The company has a fifty day moving average of $44.14 and a two-hundred day moving average of $44.13.

Alfa Laval Corporate (OTCMKTS:ALFVY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.06). Alfa Laval Corporate had a return on equity of 18.34% and a net margin of 11.07%. Equities research analysts forecast that Alfa Laval Corporate will post 1.85 earnings per share for the current year.

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About Alfa Laval Corporate

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.