Aperam (OTCMKTS:APEMY) Receives Consensus Recommendation of “Hold” from Analysts

Aperam (OTCMKTS:APEMY) has earned a consensus recommendation of “Hold” from the seven analysts that are covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

A number of equities research analysts have issued reports on the company. Zacks Research cut Aperam from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Morgan Stanley reiterated an “overweight” rating on shares of Aperam in a report on Thursday, February 19th. Oddo Bhf cut shares of Aperam to a “neutral” rating in a report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Aperam in a research report on Monday, February 9th. Finally, Citigroup restated a “neutral” rating on shares of Aperam in a research note on Thursday, January 22nd.

Aperam Price Performance

OTCMKTS APEMY opened at $47.34 on Thursday. The stock’s 50-day moving average price is $45.46 and its two-hundred day moving average price is $38.94. Aperam has a 1 year low of $25.97 and a 1 year high of $54.50. The company has a current ratio of 3.15, a quick ratio of 0.82 and a debt-to-equity ratio of 0.33. The company has a market cap of $3.46 billion, a PE ratio of 295.89 and a beta of 1.06.

Aperam (OTCMKTS:APEMY) last announced its quarterly earnings data on Friday, February 6th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.13. The firm had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.69 billion. Aperam had a return on equity of 1.05% and a net margin of 0.17%. On average, analysts predict that Aperam will post 2.84 EPS for the current year.

About Aperam

Aperam is a global stainless, electrical and specialty steel producer with headquarters in Luxembourg. The company designs, manufactures and distributes a wide range of stainless and electrical steel products that serve markets such as automotive, household appliances, construction, energy and mechanical industries. Aperam operates an integrated value chain that spans mining, steelmaking, finishing and distribution, enabling it to control quality and deliver tailored solutions to its customers.

The company was established in 2011 following a carve-out from ArcelorMittal and has since developed a distinct identity focused on sustainable stainless steel production.