Sartorius Aktiengesellschaft (OTCMKTS:SARTF) Announces Quarterly Earnings Results, Hits Expectations

Sartorius Aktiengesellschaft (OTCMKTS:SARTF) posted its earnings results on Wednesday. The company reported $1.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.28, Zacks reports. The business had revenue of $959.23 million for the quarter, compared to analysts’ expectations of $867.08 million. Sartorius Aktiengesellschaft had a net margin of 2.48% and a return on equity of 7.33%.

Sartorius Aktiengesellschaft Stock Performance

SARTF opened at $165.49 on Friday. Sartorius Aktiengesellschaft has a 1-year low of $165.00 and a 1-year high of $252.54. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.02 and a quick ratio of 1.13. The firm has a market cap of $5.66 billion, a P/E ratio of 125.37 and a beta of 1.24. The company has a 50 day simple moving average of $190.91 and a two-hundred day simple moving average of $197.85.

Analyst Upgrades and Downgrades

Separately, Guggenheim upgraded Sartorius Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, December 19th.

Sartorius Aktiengesellschaft Company Profile

Sartorius Aktiengesellschaft provides bioprocess solutions and lab products and services in the United States and internationally. The company offers multi-parallel, benchtop, single-use, stainless steel, cell culture, rocking motion, and microbial bioreactors, and software apps for bioreactors and cell culture shake flask; fermenters; cell culture media products; cellcelector flex, incubator flowbox, nanowell arrays, and capillaries and tips; fluid management products; microbiology products; and Ultrafiltration membrane filters, glass and quartz microfiber filters, clarification, syringeless and in-line filters, lab chromatography, and filters and blotting papers.