Atlas Copco AB (OTCMKTS:ATLKY) Given Consensus Rating of “Hold” by Brokerages

Atlas Copco AB (OTCMKTS:ATLKY) has received an average rating of “Hold” from the ten analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company.

ATLKY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Atlas Copco in a report on Wednesday, April 29th. Royal Bank Of Canada reiterated an “underperform” rating on shares of Atlas Copco in a research report on Thursday, April 30th. Rothschild & Co Redburn raised Atlas Copco from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Finally, Citigroup reissued a “buy” rating on shares of Atlas Copco in a report on Friday.

Atlas Copco Stock Performance

ATLKY opened at $19.94 on Thursday. The company has a 50 day simple moving average of $19.55 and a two-hundred day simple moving average of $19.68. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.70 and a quick ratio of 1.20. The firm has a market cap of $97.12 billion, a P/E ratio of 34.98, a PEG ratio of 2.10 and a beta of 1.42. Atlas Copco has a 1-year low of $14.89 and a 1-year high of $22.05.

Atlas Copco (OTCMKTS:ATLKY) last released its earnings results on Thursday, July 16th. The industrial products company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The firm had revenue of $4.66 billion for the quarter, compared to analysts’ expectations of $4.61 billion. Atlas Copco had a net margin of 15.66% and a return on equity of 23.81%. Equities analysts forecast that Atlas Copco will post 0.66 earnings per share 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.