Atlas Copco AB (OTCMKTS:ATLKY) Receives Consensus Recommendation of “Hold” from Analysts

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

A number of equities research analysts have recently weighed in on ATLKY shares. The Goldman Sachs Group downgraded Atlas Copco from a “strong-buy” rating to a “neutral” rating in a research report on Thursday, February 5th. Citigroup restated a “buy” rating on shares of Atlas Copco in a research report on Thursday, January 22nd. Pareto Securities downgraded Atlas Copco from a “buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Atlas Copco in a research report on Friday, January 16th. Finally, Sanford C. Bernstein upgraded Atlas Copco from a “hold” rating to an “outperform” rating in a research report on Wednesday, January 7th.

Atlas Copco Trading Up 0.2%

Shares of ATLKY opened at $18.01 on Tuesday. The stock has a fifty day moving average price of $19.72 and a two-hundred day moving average price of $18.50. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.08 and a current ratio of 1.55. Atlas Copco has a 52-week low of $13.41 and a 52-week high of $22.05. The company has a market cap of $87.80 billion, a price-to-earnings ratio of 32.75, a PEG ratio of 2.33 and a beta of 1.47.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). Atlas Copco had a net margin of 15.70% and a return on equity of 24.94%. The business had revenue of $4.80 billion during the quarter, compared to the consensus estimate of $4.68 billion. Analysts predict that Atlas Copco will post 0.55 EPS 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.