A.P. Moller-Maersk (OTCMKTS:AMKBY) Given Average Recommendation of “Reduce” by Brokerages

A.P. Moller-Maersk (OTCMKTS:AMKBY) has earned an average recommendation of “Reduce” from the ten ratings firms that are covering the stock, Marketbeat.com reports. Seven equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a strong buy rating to the company.

Several equities analysts have recently weighed in on the company. Citigroup reissued a “neutral” rating on shares of A.P. Moller-Maersk in a report on Thursday, November 13th. Bank of America downgraded A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of A.P. Moller-Maersk in a research report on Wednesday, December 17th. The Goldman Sachs Group lowered shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research report on Wednesday, January 14th. Finally, Nordea Equity Research downgraded shares of A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a research report on Friday.

A.P. Moller-Maersk Price Performance

AMKBY opened at $12.24 on Friday. The company’s 50-day simple moving average is $11.39 and its two-hundred day simple moving average is $10.63. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.05 and a current ratio of 2.16. The stock has a market capitalization of $38.75 billion, a P/E ratio of 7.80 and a beta of 0.87. A.P. Moller-Maersk has a 52-week low of $6.69 and a 52-week high of $12.63.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last released its quarterly earnings data on Thursday, November 6th. The transportation company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.20). A.P. Moller-Maersk had a net margin of 8.83% and a return on equity of 8.51%. The company had revenue of $14.21 billion for the quarter, compared to analysts’ expectations of $13.44 billion. As a group, analysts predict that A.P. Moller-Maersk will post 0.41 EPS for the current year.

A.P. Moller-Maersk Company Profile

A.P. Moller-Maersk A/S is a Danish integrated transport and logistics company headquartered in Copenhagen. Operating under the Maersk brand worldwide, the group provides container shipping and end-to-end logistics services, combining ocean freight with land-based transportation, contract logistics, warehousing, and supply chain management for global shippers and manufacturers.

The company’s core activities include container shipping operations, terminal services through APM Terminals, and a growing logistics and services business that offers freight forwarding, customs brokerage, inland transportation and warehousing.