|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||25.22 - 25.94|
|52 Week Range||20.01 - 41.66|
|Beta (5Y Monthly)||1.16|
|PE Ratio (TTM)||7.87|
|Forward Dividend & Yield||1.80 (7.74%)|
|Ex-Dividend Date||Sep 29, 2022|
|1y Target Est||20.61|
Electrolux AB (ELUXY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Electrolux AB (ELUXY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
STOCKHOLM (Reuters) -Electrolux, Europe's biggest appliance maker, reported a fourth-quarter loss on Wednesday, citing weaker demand from both consumers and its retailers, and high costs. The Swedish group warned weak performance particularly in North America lead to an estimated group operating loss of 2.0 billion crowns ($191 million), against a year-earlier profit of 900 million, as organic sales fell 8%. Electrolux, which competes with Whirlpool, Samsung and LG, is scheduled to publish its full fourth-quarter earnings report on Feb. 2.