Atlas Copco AB (OTCMKTS:ATLKY) Given Consensus Rating of “Hold” by Brokerages

Atlas Copco AB (OTCMKTS:ATLKY) has been assigned an average rating of “Hold” from the six research firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company.

ATLKY has been the topic of several analyst reports. UBS Group cut Atlas Copco to a “sell” rating in a research report on Tuesday, October 28th. Citigroup reaffirmed a “buy” rating on shares of Atlas Copco in a research report on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Atlas Copco in a research report on Monday, October 27th. BNP Paribas upgraded shares of Atlas Copco from a “hold” rating to an “outperform” rating in a research note on Thursday, September 4th. Finally, Barclays upgraded shares of Atlas Copco from a “hold” rating to an “overweight” rating in a research report on Wednesday, December 3rd.

Atlas Copco Stock Up 0.7%

Shares of OTCMKTS ATLKY opened at $18.28 on Friday. Atlas Copco has a 12-month low of $13.41 and a 12-month high of $18.55. The company has a quick ratio of 1.09, a current ratio of 1.52 and a debt-to-equity ratio of 0.27. The company’s fifty day simple moving average is $17.22 and its 200 day simple moving average is $16.65. The firm has a market cap of $89.12 billion, a PE ratio of 32.64, a P/E/G ratio of 9.19 and a beta of 1.40.

Atlas Copco (OTCMKTS:ATLKY) last announced its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $0.14 EPS for the quarter, meeting the consensus estimate of $0.14. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.42 billion. Atlas Copco had a net margin of 16.08% and a return on equity of 25.42%. As a group, sell-side analysts forecast that Atlas Copco will post 0.55 earnings per share for the current fiscal year.

Atlas Copco Company Profile

Atlas Copco is a Sweden-based industrial group that develops, manufactures and services equipment and solutions for professional customers in a broad range of industries. The company’s core activities center on compressed air and gas systems, vacuum solutions, construction and mining equipment, industrial tools and assembly systems, and power and flow equipment. Products and services span new-equipment sales, aftermarket parts, maintenance and technical support aimed at improving productivity, energy efficiency and safety for industrial operations.

Key product categories include stationary and portable air compressors, air treatment and gas generation systems, industrial vacuum pumps, generators and light towers, drilling rigs and rock excavation equipment for mining and construction, as well as electric and pneumatic tools and automated assembly systems for manufacturing.