AptarGroup (ATR) to Release Quarterly Earnings on Thursday
AptarGroup (NYSE:ATR) will announce its Q313 earnings results on Thursday, October 31st. Analysts expect the company to announce earnings of $0.71 per share and revenue of $627.68 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
Shares of AptarGroup (NYSE:ATR) opened at 64.01 on Wednesday. AptarGroup has a 52 week low of $45.19 and a 52 week high of $60.74. The stock’s 50-day moving average is $59.29 and its 200-day moving average is $57.10. The company has a market cap of $4.243 billion and a P/E ratio of 26.13.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, November 27th. Shareholders of record on Wednesday, November 6th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend is Monday, November 4th.
On the ratings front, 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. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $47.75.
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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