Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Update

Alfa Laval Corporate AB (OTCMKTS:ALFVY – Get Rating) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 2,400 shares, a decrease of 57.1% from the January 31st total of 5,600 shares. Based on an average daily trading volume, of 24,200 shares, the days-to-cover ratio is currently 0.1 days.

Alfa Laval Corporate Stock Up 0.3 %

OTCMKTS:ALFVY opened at $32.89 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.79 and a current ratio of 1.33. The company has a market cap of $13.61 billion, a PE ratio of 28.35, a PEG ratio of 2.52 and a beta of 1.39. Alfa Laval Corporate has a 52-week low of $22.73 and a 52-week high of $35.24. The stock has a 50-day simple moving average of $31.42 and a 200 day simple moving average of $28.38.

Alfa Laval Corporate (OTCMKTS:ALFVY – Get Rating) last posted its quarterly earnings data on Thursday, February 2nd. The company reported $0.28 earnings per share (EPS) for the quarter. The business had revenue of $1.54 billion during the quarter. Alfa Laval Corporate had a return on equity of 14.08% and a net margin of 8.66%. On average, sell-side analysts expect that Alfa Laval Corporate will post 1.43 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Credit Suisse Group increased their target price on Alfa Laval Corporate from SEK 265 to SEK 275 and gave the company an “underperform” rating in a research note on Thursday, December 8th. Nordea Equity Research downgraded Alfa Laval Corporate from a “buy” rating to a “hold” rating in a report on Tuesday, January 24th. JPMorgan Chase & Co. lowered their price target on Alfa Laval Corporate from SEK 270 to SEK 265 in a report on Friday, December 9th. Deutsche Bank Aktiengesellschaft began coverage on Alfa Laval Corporate in a report on Thursday, December 8th. They issued a “hold” rating for the company. Finally, DNB Markets downgraded Alfa Laval Corporate from a “buy” rating to a “hold” rating in a report on Friday, February 3rd. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Alfa Laval Corporate has an average rating of “Hold” and a consensus target price of $291.17.

Alfa Laval Corporate Company Profile

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Alfa Laval AB engages on energy optimization, environmental protection and food production. It operates through the following business segments: Energy, Food & Water, Marine, and Operations & Other. The Energy segment comprises of brazed and fusion bonded heat exchangers, energy separation, gasketed plate heat exchangers, and welded heat exchangers.