Jefferies Group Comments on Voestalpine’s FY2019 Earnings (VLPNY)

Voestalpine (OTCMKTS:VLPNY) – Stock analysts at Jefferies Group raised their FY2019 earnings per share estimates for Voestalpine in a research note issued on Friday, April 6th. Jefferies Group analyst S. Rosenfeld now anticipates that the company will post earnings per share of $1.12 for the year, up from their previous estimate of $1.09.

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Separately, Zacks Investment Research downgraded Voestalpine from a “buy” rating to a “hold” rating in a report on Wednesday, March 14th.

Shares of OTCMKTS VLPNY opened at $10.55 on Monday. Voestalpine has a 1-year low of $7.84 and a 1-year high of $13.38. The company has a quick ratio of 0.72, a current ratio of 1.62 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $9,298.00, a PE ratio of 17.01 and a beta of 2.41.

Voestalpine (OTCMKTS:VLPNY) last issued its earnings results on Thursday, February 8th. The company reported $0.20 earnings per share for the quarter. Voestalpine had a return on equity of 11.26% and a net margin of 5.46%. The company had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.72 billion. COPYRIGHT VIOLATION WARNING: “Jefferies Group Comments on Voestalpine’s FY2019 Earnings (VLPNY)” was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The correct version of this news story can be accessed at

About Voestalpine

voestalpine AG processes, develops, and manufactures steel products worldwide. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces and processes hot and cold-rolled steel; electrogalvanized, hot-dip galvanized, and organically coated plates; electrical steel strips; and heavy plates, as well as turbine casings.

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