Atlas Copco AB (OTCMKTS:ATLKY) Receives Consensus Rating of “Hold” from Brokerages

Atlas Copco AB (OTCMKTS:ATLKY) has received an average recommendation of “Hold” from the seven analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company.

A number of research analysts have issued reports on the company. Citigroup reiterated a “buy” rating on shares of Atlas Copco in a research note on Tuesday, October 28th. Sanford C. Bernstein raised Atlas Copco from a “hold” rating to an “outperform” rating in a research report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Atlas Copco in a research note on Friday, January 16th. Barclays upgraded shares of Atlas Copco from a “hold” rating to an “overweight” rating in a research note on Wednesday, December 3rd. Finally, UBS Group downgraded shares of Atlas Copco to a “sell” rating in a research note on Tuesday, October 28th.

Atlas Copco Trading Up 2.6%

OTCMKTS:ATLKY opened at $21.04 on Thursday. The firm has a market capitalization of $102.59 billion, a P/E ratio of 37.58, a PEG ratio of 9.68 and a beta of 1.40. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.52 and a quick ratio of 1.09. Atlas Copco has a one year low of $13.41 and a one year high of $21.16. The company’s 50-day simple moving average is $18.02 and its 200 day simple moving average is $17.08.

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

About Atlas Copco

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.