Atlas Copco AB (OTCMKTS:ATLKY) Receives Average Recommendation of “Hold” from Brokerages

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

Several research firms recently weighed in on ATLKY. Pareto Securities lowered Atlas Copco from a “buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Barclays upgraded shares of Atlas Copco from a “hold” rating to an “overweight” rating in a report on Wednesday, December 3rd. Citigroup reaffirmed a “buy” rating on shares of Atlas Copco in a research report on Thursday, January 22nd. UBS Group cut shares of Atlas Copco to a “sell” rating in a research report on Tuesday, October 28th. Finally, Sanford C. Bernstein upgraded shares of Atlas Copco from a “hold” rating to an “outperform” rating in a report on Wednesday, January 7th.

Atlas Copco Price Performance

ATLKY stock opened at $21.57 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.55 and a quick ratio of 1.08. Atlas Copco has a 1 year low of $13.41 and a 1 year high of $22.05. The firm has a 50-day moving average of $19.54 and a 200 day moving average of $17.67. The company has a market cap of $105.16 billion, a P/E ratio of 39.22, a PEG ratio of 2.96 and a beta of 1.42.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $0.14 earnings per share 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 firm had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.68 billion. On average, sell-side analysts forecast that Atlas Copco will post 0.55 EPS for the current 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.