UBS Group upgraded shares of Alfa Laval Corporate (OTCMKTS:ALFVY - Free Report) from a strong sell rating to a hold rating in a report released on Wednesday morning,Zacks.com reports.
Other equities research analysts also recently issued reports about the stock. The Goldman Sachs Group raised shares of Alfa Laval Corporate from a "strong sell" rating to a "hold" rating in a report on Wednesday, March 26th. 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.
Get Our Latest Stock Analysis on Alfa Laval Corporate
Alfa Laval Corporate Stock Performance
Shares of ALFVY stock traded up $0.27 during trading hours on Wednesday, hitting $40.25. 21,248 shares of the company were exchanged, compared to its average volume of 35,203. Alfa Laval Corporate has a 52-week low of $36.86 and a 52-week 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 firm has a fifty day simple moving average of $43.10 and a 200 day simple moving average of $43.56. The stock has a market capitalization of $16.64 billion, a price-to-earnings ratio of 23.82, a P/E/G ratio of 2.08 and a beta of 1.34.
Alfa Laval Corporate (OTCMKTS:ALFVY - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.06). Alfa Laval Corporate had a return on equity of 18.34% and a net margin of 11.07%. Research analysts predict that Alfa Laval Corporate will post 1.85 earnings per share for the current fiscal year.
Alfa Laval Corporate Company Profile
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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.
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