The Goldman Sachs Group Upgrades Alfa Laval Corporate (OTCMKTS:ALFVY) to Hold

Alfa Laval Corporate (OTCMKTS:ALFVY) was upgraded by The Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

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

Alfa Laval Corporate Stock Performance

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 company has a fifty day moving average of $44.14 and a 200-day moving average of $44.10. Alfa Laval Corporate has a 52-week low of $38.20 and a 52-week high of $48.46. The company 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.

Alfa Laval Corporate (OTCMKTS:ALFVY) last issued its 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%. As a group, equities research 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.