A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Receives Average Rating of “Reduce” from Brokerages

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has been assigned a consensus rating of “Reduce” from the twelve brokerages that are covering the stock, MarketBeat reports. Five research analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company.

A number of analysts have recently issued reports on AMKBY shares. Sanford C. Bernstein initiated coverage on A.P. Møller – Mærsk A/S in a research report on Wednesday, February 21st. They set an “underperform” rating on the stock. BNP Paribas lowered shares of A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a report on Thursday, January 11th.

A.P. Møller – Mærsk A/S Price Performance

Shares of OTCMKTS:AMKBY opened at $7.62 on Wednesday. The firm has a market cap of $28.51 billion, a price-to-earnings ratio of 14.94 and a beta of 1.25. A.P. Møller – Mærsk A/S has a 1 year low of $6.26 and a 1 year high of $10.60. The company has a current ratio of 2.50, a quick ratio of 2.37 and a debt-to-equity ratio of 0.08. The business has a fifty day simple moving average of $6.87 and a 200 day simple moving average of $7.85.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its quarterly earnings results on Thursday, May 2nd. The transportation company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.03. A.P. Møller – Mærsk A/S had a net margin of 3.48% and a return on equity of 0.65%. The business had revenue of $12.36 billion for the quarter. As a group, sell-side analysts predict that A.P. Møller – Mærsk A/S will post -0.02 earnings per share for the current fiscal year.

A.P. Møller – Mærsk A/S Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Monday, March 18th were given a dividend of $0.2412 per share. The ex-dividend date of this dividend was Friday, March 15th. A.P. Møller – Mærsk A/S’s dividend payout ratio (DPR) is currently 47.06%.

A.P. Møller – Mærsk A/S Company Profile

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.