Atlas Copco AB (OTCMKTS:ATLKY) Receives Average Rating of “Hold” from Brokerages

Atlas Copco AB (OTCMKTS:ATLKY) has earned a consensus rating of “Hold” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating on the company.

Several research firms recently issued reports on ATLKY. Barclays raised Atlas Copco from a “hold” rating to an “overweight” rating in a research report on Wednesday, December 3rd. Pareto Securities cut Atlas Copco from a “buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Citigroup reaffirmed a “buy” rating on shares of Atlas Copco in a research report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Atlas Copco in a report on Friday, January 16th. Finally, UBS Group cut shares of Atlas Copco to a “sell” rating in a research note on Tuesday, October 28th.

Atlas Copco Stock Performance

Shares of ATLKY stock opened at $21.57 on Monday. The company has a market capitalization of $105.16 billion, a price-to-earnings ratio of 39.22, a price-to-earnings-growth ratio of 2.96 and a beta of 1.42. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.08 and a current ratio of 1.55. Atlas Copco has a one year low of $13.41 and a one year high of $22.05. The company’s 50-day moving average is $19.54 and its 200 day moving average is $17.67.

Atlas Copco (OTCMKTS:ATLKY) last issued its earnings results on Tuesday, January 27th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). Atlas Copco had a return on equity of 24.94% and a net margin of 15.70%.The firm had revenue of $4.80 billion during the quarter, compared to the consensus estimate of $4.68 billion. Sell-side analysts expect that Atlas Copco will post 0.55 EPS for the current fiscal year.

Atlas Copco Company Profile

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.