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

Atlas Copco AB (OTCMKTS:ATLKY) has been given an average rating of “Hold” by the six analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company.

Several research firms have recently issued reports on ATLKY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Atlas Copco in a research note on Monday, October 27th. BNP Paribas raised shares of Atlas Copco from a “hold” rating to an “outperform” rating in a research report on Thursday, September 4th. UBS Group cut shares of Atlas Copco to a “sell” rating in a research report on Tuesday, October 28th. Barclays raised shares of Atlas Copco from a “hold” rating to an “overweight” rating in a research note on Wednesday, December 3rd. Finally, Citigroup reissued a “buy” rating on shares of Atlas Copco in a research note on Tuesday, October 28th.

Atlas Copco Stock Performance

Shares of OTCMKTS:ATLKY opened at $18.04 on Friday. The company has a current ratio of 1.52, a quick ratio of 1.09 and a debt-to-equity ratio of 0.27. The company has a 50-day moving average price of $17.24 and a 200-day moving average price of $16.68. The company has a market cap of $87.95 billion, a price-to-earnings ratio of 32.21, a price-to-earnings-growth ratio of 9.08 and a beta of 1.40. Atlas Copco has a 12 month low of $13.41 and a 12 month high of $18.55.

Atlas Copco (OTCMKTS:ATLKY) last announced its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.14. Atlas Copco had a return on equity of 25.42% and a net margin of 16.08%.The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.42 billion. As a group, equities analysts anticipate that Atlas Copco will post 0.55 EPS for the current 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.