FY2018 EPS Estimates for ACERINOX SA/ADR (ANIOY) Cut by Analyst

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ACERINOX SA/ADR (OTCMKTS:ANIOY) – Stock analysts at Jefferies Financial Group cut their FY2018 earnings estimates for shares of ACERINOX SA/ADR in a research note issued to investors on Monday, October 29th. Jefferies Financial Group analyst S. Rosenfeld now anticipates that the company will post earnings of $0.55 per share for the year, down from their previous estimate of $0.59. Jefferies Financial Group also issued estimates for ACERINOX SA/ADR’s FY2019 earnings at $0.58 EPS and FY2020 earnings at $0.67 EPS.

ANIOY has been the topic of a number of other reports. Zacks Investment Research cut ACERINOX SA/ADR from a “hold” rating to a “sell” rating in a research note on Wednesday, October 17th. ValuEngine upgraded ACERINOX SA/ADR from a “sell” rating to a “hold” rating in a research note on Thursday, July 26th.

ANIOY stock opened at $5.43 on Tuesday. The company has a current ratio of 1.84, a quick ratio of 1.10 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $3.70 billion, a price-to-earnings ratio of 11.31 and a beta of 1.16. ACERINOX SA/ADR has a 1 year low of $5.43 and a 1 year high of $7.73.


Acerinox, SA, through its subsidiaries, manufactures, transforms, and markets stainless steel products worldwide. The company operates through Flat Stainless Steel Products, Long Stainless Steel Products, and Other segments. Its flat stainless steel products include billets, black coils, circles, cold rolled coils and sheets, engraved coils/sheets, flat bars, hot rolled coils and sheets, plates, and slabs.

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