Andritz (OTCMKTS:ADRZY) Downgraded to “Sell” at Zacks Investment Research

Zacks Investment Research downgraded shares of Andritz (OTCMKTS:ADRZY) from a hold rating to a sell rating in a report published on Friday, Zacks.com reports.

According to Zacks, “Andritz AG is engages in the provision of plants, equipment and services for hydropower stations. Its operating segment consists of Hydro; Pulp & Paper; Metals and Separation. Hydro segment installs and offers electromechanical systems, pumps and hydropower equipment. Pulp & Paper segment manufactures and trades tissue, board and paper products. Metals segment processes cold-rolled carbon steel, metal strip and stainless steel. Separation segment produces belts, screw passes, screens, drains cantrifuges, discs, drum filters, filter presses, separators, thickeners, flocculent systems and thermal systems. Andritz AG is headquartered in Graz, Austria. “

A number of other brokerages also recently issued reports on ADRZY. UBS Group reiterated a buy rating on shares of Andritz in a research note on Monday, November 8th. Kepler Capital Markets raised shares of Andritz from a hold rating to a buy rating in a report on Thursday, January 6th. Deutsche Bank Aktiengesellschaft reissued a buy rating on shares of Andritz in a report on Wednesday, October 27th. Morgan Stanley reissued an equal weight rating on shares of Andritz in a report on Wednesday, October 6th. Finally, JPMorgan Chase & Co. reissued an overweight rating on shares of Andritz in a report on Thursday, September 16th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Andritz presently has a consensus rating of Buy and an average target price of $12.00.

Shares of Andritz stock opened at $9.77 on Friday. The company has a market capitalization of $5.08 billion, a price-to-earnings ratio of 14.16 and a beta of 0.71. The company has a quick ratio of 1.00, a current ratio of 1.25 and a debt-to-equity ratio of 0.88. Andritz has a 12-month low of $8.58 and a 12-month high of $12.43. The firm’s 50-day moving average price is $10.12 and its two-hundred day moving average price is $10.74.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Friday, November 5th. The company reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $1.92 billion for the quarter. Andritz had a net margin of 4.42% and a return on equity of 22.23%. On average, sell-side analysts expect that Andritz will post 0.8 earnings per share for the current year.

Andritz Company Profile

Andritz AG engages in the provision of plants, equipment and services for hydropower stations. It operates through the following segments: Pulp and Paper (PP); Metals (ME); Hydro (HY); and Separation (SE). The PP segment offers equipment, systems, complete plants, and services for the production of all types of pulp, paper, board, and tissue.

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