Atlas Copco AB (OTCMKTS:ATLKY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Atlas Copco AB (OTCMKTS:ATLKY) has been assigned a consensus rating of “Moderate Buy” from the ten brokerages that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company.

ATLKY has been the subject of a number of research reports. Morgan Stanley reissued an “overweight” rating on shares of Atlas Copco in a research report on Tuesday, September 1st. Citigroup reiterated a “buy” rating on shares of Atlas Copco in a research report on Tuesday. The Goldman Sachs Group raised Atlas Copco from a “neutral” rating to a “buy” rating in a report on Wednesday, July 22nd. Finally, Royal Bank Of Canada reissued an “underperform” rating on shares of Atlas Copco in a research report on Wednesday, August 5th.

Atlas Copco Stock Performance

Shares of Atlas Copco stock opened at $20.73 on Friday. The firm has a market capitalization of $100.97 billion, a P/E ratio of 36.37, a P/E/G ratio of 1.92 and a beta of 1.41. The company has a quick ratio of 0.87, a current ratio of 1.27 and a debt-to-equity ratio of 0.25. Atlas Copco has a 52 week low of $15.69 and a 52 week high of $22.42. The firm’s 50 day moving average is $21.01 and its two-hundred day moving average is $19.91.

Atlas Copco (OTCMKTS:ATLKY) last issued its earnings results on Thursday, July 16th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.01). The company had revenue of $4.66 billion during the quarter, compared to analyst estimates of $4.61 billion. Atlas Copco had a net margin of 15.66% and a return on equity of 24.10%. Research analysts forecast that Atlas Copco will post 0.66 EPS for the current fiscal year.

Atlas Copco Company Profile

Atlas Copco AB is a Sweden-based industrial company that develops, manufactures and services equipment and solutions used in manufacturing, construction, mining, infrastructure and other industrial applications. Founded in Stockholm in 1873, the company has grown into a global group serving customers through operations and sales networks across North America, Europe, Asia, South America, Africa and Oceania.

Atlas Copco’s products include industrial air compressors, vacuum equipment, air treatment systems, gas and process equipment, portable power and flow solutions, and related aftermarket services.