Atlas Copco (OTCMKTS:ATLKY) was upgraded by equities analysis analysts at The Goldman Sachs Group from a “purchase” ranking to a “conviction-buy” ranking in a analysis notice issued to buyers on Monday, The Fly studies.
ATLKY has been the subject of quite a few different studies. Berenberg Bank downgraded Atlas Copco from a “maintain” ranking to a “promote” ranking in a analysis notice on Thursday. Barclays reaffirmed an “equal weight” ranking on shares of Atlas Copco in a analysis notice on Wednesday, January 13th. SEB Fairness Analysis downgraded Atlas Copco from a “purchase” ranking to a “impartial” ranking in a analysis report on Monday, November 2nd. They famous that the transfer was a valuation name. Deutsche Bank Aktiengesellschaft reissued a “promote” ranking on shares of Atlas Copco in a analysis notice on Tuesday, January 12th. Lastly, JPMorgan Chase & Co. reiterated an “obese” ranking on shares of Atlas Copco in a analysis report on Monday, December seventh. Two funding analysts have rated the stock with a promote ranking, 5 have assigned a maintain ranking, two have given a purchase ranking and one has given a powerful purchase ranking to the corporate’s stock. The corporate has a mean ranking of “Maintain” and a consensus price goal of $51.00.
Shares of ATLKY stock traded down $1.53 throughout mid-day buying and selling on Monday, reaching $54.43. The stock had a buying and selling quantity of 71,600 shares, in comparison with its common quantity of 90,580. The agency has a market cap of $66.12 billion, a PE ratio of 41.87 and a beta of 0.97. The corporate has a fast ratio of 1.17, a present ratio of 1.63 and a debt-to-equity ratio of 0.40. Atlas Copco has a one 12 months low of $25.39 and a one 12 months excessive of $56.95. The agency’s 50 day easy shifting common is $52.43 and its 200 day easy shifting common is $48.08.
Atlas Copco (OTCMKTS:ATLKY) final issued its quarterly earnings outcomes on Thursday, October 22nd. The commercial merchandise firm reported $0.33 earnings per share for the quarter, assembly the Zacks’ consensus estimate of $0.33. The enterprise had income of $2.80 billion throughout the quarter, in comparison with the consensus estimate of $2.71 billion. Atlas Copco had a return on fairness of 26.53% and a web margin of 14.71%. Promote-side analysts forecast that Atlas Copco will publish 1.34 earnings per share for the present fiscal 12 months.
Atlas Copco Firm Profile
Atlas Copco AB, along with its subsidiaries, offers productiveness options. The corporate operates via Compressor Method, Vacuum Method, Industrial Method, and Energy Method segments. It provides piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gasoline and course of compressors, air and gasoline remedy tools, and medical air options primarily to be used within the manufacturing and course of industries.
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