AptarGroup, Inc. to Post Q1 2018 Earnings of $0.92 Per Share, William Blair Forecasts (ATR)

AptarGroup, Inc. (NYSE:ATR) – Stock analysts at William Blair issued their Q1 2018 earnings per share (EPS) estimates for shares of AptarGroup in a report issued on Tuesday. William Blair analyst J. Andersen forecasts that the industrial products company will earn $0.92 per share for the quarter. William Blair also issued estimates for AptarGroup’s Q2 2018 earnings at $1.05 EPS, Q3 2018 earnings at $0.95 EPS, Q4 2018 earnings at $0.83 EPS, FY2018 earnings at $3.75 EPS and FY2019 earnings at $4.10 EPS.

AptarGroup (NYSE:ATR) last released its earnings results on Monday, February 12th. The industrial products company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.10. The firm had revenue of $625.90 million during the quarter, compared to the consensus estimate of $577.17 million. AptarGroup had a return on equity of 16.97% and a net margin of 8.91%. The company’s revenue was up 16.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.69 EPS.

Several other analysts also recently weighed in on ATR. Zacks Investment Research downgraded AptarGroup from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. KeyCorp restated a “hold” rating on shares of AptarGroup in a research report on Friday, October 27th. Wells Fargo & Co restated a “market perform” rating and set a $90.00 price objective (up from $83.00) on shares of AptarGroup in a research report on Wednesday. Finally, Robert W. Baird restated a “hold” rating and set a $92.00 price objective on shares of AptarGroup in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $85.38.

Shares of AptarGroup (ATR) opened at $90.66 on Thursday. The company has a current ratio of 3.16, a quick ratio of 2.29 and a debt-to-equity ratio of 0.91. AptarGroup has a 1 year low of $72.86 and a 1 year high of $92.32. The firm has a market capitalization of $5,589.00, a price-to-earnings ratio of 26.23, a PEG ratio of 2.94 and a beta of 0.88.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 21st. Investors of record on Wednesday, January 31st will be given a dividend of $0.32 per share. The ex-dividend date is Tuesday, January 30th. This represents a $1.28 annualized dividend and a dividend yield of 1.41%. AptarGroup’s dividend payout ratio is currently 37.43%.

In other AptarGroup news, Director Ralf K. Wunderlich sold 26,000 shares of the company’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $87.03, for a total value of $2,262,780.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Robert Kuhn sold 5,000 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $87.43, for a total value of $437,150.00. The disclosure for this sale can be found here. 5.30% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently modified their holdings of the business. Zions Bancorporation acquired a new position in AptarGroup in the 3rd quarter worth about $187,000. Susquehanna International Group LLP increased its holdings in AptarGroup by 233.1% in the 2nd quarter. Susquehanna International Group LLP now owns 2,528 shares of the industrial products company’s stock worth $220,000 after purchasing an additional 4,428 shares in the last quarter. Vident Investment Advisory LLC acquired a new stake in shares of AptarGroup in the third quarter valued at about $221,000. Centiva Capital LP acquired a new stake in shares of AptarGroup in the fourth quarter valued at about $235,000. Finally, Dean Capital Investments Management LLC acquired a new stake in shares of AptarGroup in the fourth quarter valued at about $273,000. 90.88% of the stock is owned by institutional investors and hedge funds.

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AptarGroup Company Profile

AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.

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