Atlas Copco (ATLKY) Expected to Announce Earnings on Tuesday

Atlas Copco (OTCMKTS:ATLKY) is expected to post its resultson Tuesday, April 28th. Analysts expect Atlas Copco to post earnings of $0.14 per share and revenue of $4.5793 billion for the quarter.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). The company had revenue of $4.80 billion during the quarter, compared to the consensus estimate of $4.68 billion. Atlas Copco had a net margin of 15.70% and a return on equity of 24.94%. On average, analysts expect Atlas Copco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Atlas Copco Trading Up 2.9%

ATLKY opened at $20.77 on Friday. The stock has a market capitalization of $101.16 billion, a P/E ratio of 37.76, a P/E/G ratio of 2.62 and a beta of 1.47. Atlas Copco has a 12 month low of $14.89 and a 12 month high of $22.05. The firm’s fifty day simple moving average is $19.39 and its 200 day simple moving average is $18.74. The company has a current ratio of 1.55, a quick ratio of 1.08 and a debt-to-equity ratio of 0.26.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Rothschild & Co Redburn raised shares of Atlas Copco from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 20th. Pareto Securities lowered Atlas Copco from a “buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Sanford C. Bernstein raised Atlas Copco from a “hold” rating to an “outperform” rating in a research report on Wednesday, January 7th. The Goldman Sachs Group lowered Atlas Copco from a “strong-buy” rating to a “neutral” rating in a research report on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Atlas Copco in a research report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

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.