Alfa Laval Corporate (OTCMKTS:ALFVY) Shares Down 0.4% - Should You Sell?

On Thursday, shares of Alfa Laval Corporate AB (OTCMKTS:ALFVY) declined 0.4%. The stock price dropped to a low of $44.44 before closing at $44.94. During the afternoon trading session, 42,846 shares changed hands, marking a 27% increase over the average trading volume of 33,816 shares. The previous closing price was $45.11.

Updates from Analysts

In the latest analysis, the Royal Bank of Canada has raised the rating for Alfa Laval shares from "hold" to "moderate buy." This change reflects a positive outlook from analysts who are starting to recognize the potential in the company.

Performance of Alfa Laval Corporate

Alfa Laval has a current ratio of 1.34, a quick ratio of 0.84, and a debt-to-equity ratio of 0.22. The company's stock trades with a 50-day moving average of $43.78 and a 200-day moving average of $44.03. The firm boasts a market capitalization of $18.57 billion and has a PE ratio of 26.59, along with a price-to-earnings-growth ratio of 2.08. Additionally, the company has a beta of 1.43, indicating stock volatility in comparison to the market.

The last earnings report was released on February 5th, where Alfa Laval reported an earnings per share (EPS) of $0.46 for the quarter, which was $0.06 lower than the consensus estimate of $0.52. The company operates with a net margin of 11.07% and returns on equity of 18.34%. Analysts predict that Alfa Laval will report 1.85 EPS for the current fiscal year.

Company Overview

Alfa Laval Corporate AB specializes in offering solutions for heat transfer, separation, and fluid handling. It operates through three main divisions: Energy, Food & Water, and Marine. The company's products range from oil and gas steam boilers to ballast water treatment systems and exhaust gas cleaning systems.

Should You Invest in Alfa Laval Corporate?

Before making any decision on investing in Alfa Laval, it's important to consider other options. MarketBeat has identified five stocks favored by top analysts that they recommend more than Alfa Laval Corporate at this time. These insights come from thorough analysis of the financial market.

If corporate leaders are selling off their shares, it's worth investigating further. MarketBeat has listed twelve stocks that insiders are voluntarily moving away from. Staying informed on such developments can provide valuable insights into stock performance.

Investment, Stocks, Analysis