AptarGroup Inc. Sets New 1-Year High at $61.76 (ATR)
AptarGroup (NYSE:ATR) set a new 52-week high on Monday, Stock Ratings News reports. The company traded as high as $61.76 and last traded at $61.62, with a volume of 51,676 shares. The stock had previously closed at $61.45.
A number of research firms have recently commented on ATR. Analysts at JPMorgan Chase & Co. downgraded shares of AptarGroup from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday, October 2nd. They now have a $65.00 price target on the stock, down previously from $66.00. Analysts at Robert W. Baird raised their price target on shares of AptarGroup from $62.00 to $65.00 in a research note to investors on Friday, July 26th. They now have an “outperform” rating on the stock. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $47.75.
AptarGroup has a 1-year low of $45.19 and a 1-year high of $61.94. The stock has a 50-day moving average of $59.81 and a 200-day moving average of $57.91. The company has a market cap of $4.104 billion and a P/E ratio of 25.08.
AptarGroup (NYSE:ATR) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.77 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.74 by $0.03. The company had revenue of $641.40 million for the quarter, compared to the consensus estimate of $621.83 million. During the same quarter in the previous year, the company posted $0.66 earnings per share. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. Analysts expect that AptarGroup will post $2.77 EPS for the current fiscal year.
AptarGroup, Inc, is a global solution provider of a range of packaging delivery solutions primarily for the beauty, personal care, home care, pharmaceutical, food and beverage markets.
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