Atlas Copco AB (ATLKY) – What Are Analysts Saying About This Stock?

Atlas Copco AB (OTCMKTS:ATLKY) has earned a consensus recommendation of “Moderate Buy” from the ten brokerages that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several analysts recently issued reports on the stock. The Goldman Sachs Group raised shares of Atlas Copco from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 22nd. Citigroup reiterated a “buy” rating on shares of Atlas Copco in a report on Tuesday, October 13th. Royal Bank Of Canada reiterated an “underperform” rating on shares of Atlas Copco in a report on Wednesday, August 5th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Atlas Copco in a research note on Tuesday, September 1st.

Atlas Copco Trading Down 1.6%

Shares of OTCMKTS:ATLKY opened at $17.73 on Friday. The business’s 50-day moving average is $20.77 and its 200 day moving average is $20.25. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.27 and a quick ratio of 0.87. Atlas Copco has a 1 year low of $15.69 and a 1 year high of $22.42. The firm has a market capitalization of $86.36 billion, a P/E ratio of 30.05, a P/E/G ratio of 1.38 and a beta of 1.39.

Atlas Copco (OTCMKTS:ATLKY) last issued its quarterly earnings results on Thursday, October 22nd. The industrial products company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). Atlas Copco had a net margin of 15.69% and a return on equity of 24.52%. The company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.79 billion. On average, research analysts predict that Atlas Copco will post 0.64 earnings per share for the current fiscal year.

Atlas Copco Company Profile

Atlas Copco AB is a Sweden-based industrial technology company that develops and manufactures equipment, systems and services for a broad range of industrial applications. Its principal business areas include compressed-air and gas equipment, vacuum solutions, industrial tools and assembly systems, and power and flow equipment.

The company’s offerings include air compressors, dryers and treatment systems; vacuum pumps and related equipment; pneumatic, electric and battery-powered tools; automated assembly solutions; generators, pumps and construction equipment.