APERAM/SH N Y REGISTRY SH (APEMY) Rating Increased to Strong-Buy at Zacks Investment Research

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Zacks Investment Research upgraded shares of APERAM/SH N Y REGISTRY SH (OTCMKTS:APEMY) from a hold rating to a strong-buy rating in a research report report published on Monday. Zacks Investment Research currently has $38.00 price objective on the stock.

According to Zacks, “Aperam S.A. is a manufacturer and marketer of stainless steel primarily in South America and Europe. The company produce grain oriented and non-grain oriented electrical steels and nickel alloys. Aperam S.A. is headquartered in Luxembourg. “

Separately, ValuEngine lowered APERAM/SH N Y REGISTRY SH from a sell rating to a strong sell rating in a research report on Wednesday, October 17th.

Shares of OTCMKTS:APEMY opened at $29.58 on Monday. The firm has a market cap of $2.53 billion, a P/E ratio of 8.26 and a beta of 2.14. APERAM/SH N Y REGISTRY SH has a 12-month low of $24.42 and a 12-month high of $54.21.

APERAM/SH N Y REGISTRY SH (OTCMKTS:APEMY) last announced its earnings results on Wednesday, February 6th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.02. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.34 billion. APERAM/SH N Y REGISTRY SH had a return on equity of 11.83% and a net margin of 6.14%. On average, equities research analysts anticipate that APERAM/SH N Y REGISTRY SH will post 3.21 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 26th. Investors of record on Monday, March 4th will be given a dividend of $0.423 per share. This represents a $1.69 annualized dividend and a yield of 5.72%. The ex-dividend date of this dividend is Friday, March 1st. APERAM/SH N Y REGISTRY SH’s dividend payout ratio is currently 42.74%.

APERAM/SH N Y REGISTRY SH Company Profile

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. The company operates through three segments: Stainless & Electrical Steel; Services & Solutions; and Alloys & Specialties. It offers stainless steel and electrical steel products, including grain oriented, non-grain oriented, and non-grain oriented semi-processed steel products.

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