A.P. Moller-Maersk (AMKBY) to Release Earnings on Thursday

A.P. Moller-Maersk (OTCMKTS:AMKBY) is expected to be posting its results before the market opens on Thursday, February 5th. Analysts expect A.P. Moller-Maersk to post earnings of $0.12 per share for the quarter.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last released its earnings results on Thursday, November 6th. The transportation company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.20). A.P. Moller-Maersk had a return on equity of 8.51% and a net margin of 8.83%.The business had revenue of $14.21 billion during the quarter, compared to analysts’ expectations of $13.44 billion. On average, analysts expect A.P. Moller-Maersk to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

A.P. Moller-Maersk Stock Up 0.1%

Shares of AMKBY opened at $12.13 on Thursday. A.P. Moller-Maersk has a 52-week low of $6.69 and a 52-week high of $12.63. The company has a quick ratio of 2.05, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The stock has a fifty day simple moving average of $11.16 and a two-hundred day simple moving average of $10.56. The company has a market capitalization of $38.40 billion, a PE ratio of 7.73 and a beta of 0.88.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of A.P. Moller-Maersk in a research note on Wednesday, December 17th. Bank of America cut A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research report on Friday, January 23rd. Wolfe Research reissued an “underperform” rating on shares of A.P. Moller-Maersk in a research report on Thursday, January 8th. Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Thursday, November 13th. Finally, The Goldman Sachs Group downgraded A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat, A.P. Moller-Maersk presently has a consensus rating of “Reduce”.

About A.P. Moller-Maersk

A.P. Moller-Maersk A/S is a Danish integrated transport and logistics company headquartered in Copenhagen. Operating under the Maersk brand worldwide, the group provides container shipping and end-to-end logistics services, combining ocean freight with land-based transportation, contract logistics, warehousing, and supply chain management for global shippers and manufacturers.

The company’s core activities include container shipping operations, terminal services through APM Terminals, and a growing logistics and services business that offers freight forwarding, customs brokerage, inland transportation and warehousing.