A.P. Moller-Maersk (OTCMKTS:AMKBY) Receives Consensus Rating of “Reduce” from Brokerages

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY) have received an average rating of “Reduce” from the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a strong buy rating to the company.

A number of brokerages have commented on AMKBY. The Goldman Sachs Group cut shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research note on Wednesday, January 14th. Wolfe Research reaffirmed an “underperform” rating on shares of A.P. Moller-Maersk in a report on Thursday, January 8th. Bank of America cut A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a report on Friday, January 23rd. Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Thursday, November 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of A.P. Moller-Maersk in a research note on Wednesday, December 17th.

A.P. Moller-Maersk Price Performance

Shares of AMKBY opened at $12.51 on Friday. The company has a quick ratio of 2.05, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. A.P. Moller-Maersk has a twelve month low of $6.69 and a twelve month high of $12.63. The stock has a market capitalization of $39.59 billion, a P/E ratio of 7.97 and a beta of 0.88. The company has a 50 day moving average of $11.23 and a 200-day moving average of $10.57.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.20). A.P. Moller-Maersk had a net margin of 8.83% and a return on equity of 8.51%. The company had revenue of $14.21 billion for the quarter, compared to analyst estimates of $13.44 billion. As a group, equities research analysts forecast that A.P. Moller-Maersk will post 0.41 EPS for the current fiscal year.

A.P. Moller-Maersk Company Profile

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.