Atlas Copco AB (OTCMKTS:ATLKY) Given Consensus Recommendation of “Hold” by Analysts

Atlas Copco AB (OTCMKTS:ATLKY) has been assigned a consensus rating of “Hold” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company.

ATLKY has been the subject of several analyst reports. Barclays upgraded Atlas Copco from a “hold” rating to an “overweight” rating in a research note on Wednesday, December 3rd. Citigroup restated a “buy” rating on shares of Atlas Copco in a research report on Tuesday, October 28th. UBS Group downgraded Atlas Copco to a “sell” rating in a research note on Tuesday, October 28th. BNP Paribas upgraded Atlas Copco from a “hold” rating to an “outperform” rating in a research note on Thursday, September 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Atlas Copco in a report on Monday, October 27th.

Atlas Copco Price Performance

OTCMKTS ATLKY opened at $18.28 on Friday. The company has a 50-day moving average price of $17.22 and a 200-day moving average price of $16.65. Atlas Copco has a 52 week low of $13.41 and a 52 week high of $18.55. The company has a quick ratio of 1.09, a current ratio of 1.52 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $89.12 billion, a P/E ratio of 32.64, a PEG ratio of 9.19 and a beta of 1.40.

Atlas Copco (OTCMKTS:ATLKY) last posted its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.14. Atlas Copco had a net margin of 16.08% and a return on equity of 25.42%. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.42 billion. Equities research analysts anticipate that Atlas Copco will post 0.55 earnings per share 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.