Alfa Laval Corporate (OTCMKTS:ALFVY) Upgraded 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 report released on Wednesday,Zacks.com reports.

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

Alfa Laval Corporate Stock Down 1.9 %

OTCMKTS:ALFVY opened at $44.22 on Wednesday. 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 stock has a 50-day simple moving average of $44.14 and a 200 day simple moving average of $44.10. Alfa Laval Corporate has a one year low of $38.20 and a one year high of $48.46. The company has a market capitalization of $18.28 billion, a price-to-earnings ratio of 26.17, a price-to-earnings-growth ratio of 2.08 and a beta of 1.43.

Alfa Laval Corporate (OTCMKTS:ALFVY) last issued its earnings results on Wednesday, February 5th. The company reported $0.46 earnings per share 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%. Sell-side analysts predict that Alfa Laval Corporate will post 1.85 EPS for the current fiscal year.

Alfa Laval Corporate Company Profile

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.