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

Shares of Atlas Copco AB (OTCMKTS:ATLKY) have earned a consensus recommendation of “Hold” from the ten ratings firms that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several analysts have recently issued reports on the stock. Citigroup reissued a “buy” rating on shares of Atlas Copco in a research note on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Atlas Copco in a research report on Wednesday, April 29th. Rothschild & Co Redburn upgraded Atlas Copco from a “hold” rating to a “strong-buy” rating in a report on Monday, April 20th. Finally, Royal Bank Of Canada reissued an “underperform” rating on shares of Atlas Copco in a research report on Thursday, April 30th.

Atlas Copco Price Performance

ATLKY opened at $20.31 on Thursday. Atlas Copco has a 1 year low of $14.89 and a 1 year high of $22.05. The company’s 50 day simple moving average is $19.54 and its 200 day simple moving average is $19.66. The stock has a market capitalization of $98.92 billion, a PE ratio of 35.63, a P/E/G ratio of 2.10 and a beta of 1.42. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.20 and a current ratio of 1.70.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings results on Thursday, July 16th. The industrial products company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.01). The company had revenue of $4.66 billion for the quarter, compared to analyst estimates of $4.61 billion. Atlas Copco had a return on equity of 23.81% and a net margin of 15.66%. As a group, sell-side analysts expect that Atlas Copco will post 0.66 EPS for the current 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.