Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) have been assigned an average rating of “Strong Sell” from the six research firms that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company.
Several equities analysts recently weighed in on the stock. Morgan Stanley reaffirmed an “underweight” rating on shares of A.P. Moller-Maersk in a research report on Friday, August 8th. Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Friday, August 8th.
Check Out Our Latest Research Report on A.P. Moller-Maersk
A.P. Moller-Maersk Stock Performance
A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The transportation company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.14 by $0.06. The business had revenue of $13.13 billion during the quarter, compared to analysts’ expectations of $12.34 billion. A.P. Moller-Maersk had a net margin of 12.11% and a return on equity of 12.33%. Research analysts anticipate that A.P. Moller-Maersk will post 0.41 earnings per share for the current fiscal year.
A.P. Moller-Maersk Company Profile
A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.
See Also
- Five stocks we like better than A.P. Moller-Maersk
- Comparing and Trading High PE Ratio Stocks
- Affirm Crushes Earnings Expectations, Turns Bears into Believers
- How to Effectively Use the MarketBeat Ratings Screener
- Analysts See Big Upside for These 3 Retail Stocks
- How Can Investors Benefit From After-Hours Trading
- Buy the Dip? GitLab’s Bullish Case Outweighs the Bears
Receive News & Ratings for A.P. Moller-Maersk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A.P. Moller-Maersk and related companies with MarketBeat.com's FREE daily email newsletter.