Alfa Laval Corporate (OTCMKTS:ALFVY) Rating Increased to Hold at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Alfa Laval Corporate (OTCMKTS:ALFVY) from a strong sell rating to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.

Separately, Royal Bank of Canada upgraded 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

OTCMKTS ALFVY opened at $44.22 on Wednesday. The stock has a market capitalization of $18.28 billion, a P/E ratio of 26.17, a P/E/G ratio of 2.08 and a beta of 1.43. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.84 and a current ratio of 1.34. The business’s fifty day moving average is $44.14 and its two-hundred day moving average is $44.10. Alfa Laval Corporate has a 1 year low of $38.20 and a 1 year high of $48.46.

Alfa Laval Corporate (OTCMKTS:ALFVY) last announced 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%. On average, research analysts forecast that Alfa Laval Corporate will post 1.85 earnings per share for the current fiscal year.

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.