A.P. Moller-Maersk (OTCMKTS:AMKBY) Given Average Rating of “Reduce” by Analysts

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY) have earned a consensus recommendation of “Reduce” from the six ratings firms that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and one has assigned a strong buy recommendation to the company.

A number of research analysts recently weighed in on AMKBY shares. Hsbc Global Res raised shares of A.P. Moller-Maersk to a “strong-buy” rating in a research report on Monday, September 29th. Morgan Stanley reaffirmed an “underweight” rating on shares of A.P. Moller-Maersk in a research report on Friday, August 8th. BNP Paribas Exane lowered A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a report on Wednesday, September 17th. Citigroup restated a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Thursday. Finally, BNP Paribas cut A.P. Moller-Maersk to a “strong sell” rating in a research note on Wednesday, September 17th.

A.P. Moller-Maersk Stock Up 2.3%

Shares of OTCMKTS:AMKBY opened at $9.80 on Friday. The stock has a market cap of $31.02 billion, a price-to-earnings ratio of 4.47 and a beta of 1.04. The company has a quick ratio of 1.96, a current ratio of 2.06 and a debt-to-equity ratio of 0.07. A.P. Moller-Maersk has a 12-month low of $6.69 and a 12-month high of $11.50. The business’s 50 day moving average is $10.10 and its 200 day moving average is $9.87.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last released its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.20). The company had revenue of $14.21 billion during the quarter, compared to analysts’ expectations of $13.44 billion. A.P. Moller-Maersk had a net margin of 12.11% and a return on equity of 12.33%. On average, sell-side analysts forecast 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.