A.P. Moller-Maersk (OTCMKTS:AMKBY) Receives Consensus Rating of “Reduce” from Brokerages

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

A number of equities analysts have recently issued reports on the stock. The Goldman Sachs Group downgraded shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a report on Wednesday, January 14th. Wolfe Research reaffirmed an “underperform” rating on shares of A.P. Moller-Maersk in a report on Thursday, January 8th. Nordea Equity Research downgraded shares of A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a research report on Friday, January 30th. Citigroup reissued a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Thursday, November 13th. Finally, Bank of America downgraded A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research note on Friday, January 23rd.

A.P. Moller-Maersk Stock Performance

Shares of AMKBY stock opened at $12.09 on Friday. The company has a current ratio of 2.16, a quick ratio of 2.05 and a debt-to-equity ratio of 0.08. The stock has a 50 day simple moving average of $11.50 and a 200-day simple moving average of $10.65. The company has a market cap of $38.27 billion, a price-to-earnings ratio of 7.70 and a beta of 0.87. A.P. Moller-Maersk has a 12-month low of $6.69 and a 12-month high of $12.65.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last announced its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). The business had revenue of $13.33 billion for the quarter, compared to analyst estimates of $12.83 billion. A.P. Moller-Maersk had a return on equity of 8.51% and a net margin of 8.83%. On average, equities analysts forecast that A.P. Moller-Maersk will post 0.41 EPS for the current year.

About A.P. Moller-Maersk

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.