Aperam (OTCMKTS:APEMY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Aperam (OTCMKTS:APEMY) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company.

Several analysts have recently issued reports on APEMY shares. Zacks Research raised Aperam from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Citigroup reissued a “neutral” rating on shares of Aperam in a report on Wednesday, May 20th. Morgan Stanley reissued an “overweight” rating on shares of Aperam in a report on Thursday, February 19th. Jefferies Financial Group raised Aperam from a “hold” rating to a “buy” rating in a report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Aperam in a report on Thursday, May 14th.

Aperam Stock Performance

APEMY opened at $59.43 on Friday. The firm has a market cap of $4.35 billion, a P/E ratio of 129.20 and a beta of 1.32. Aperam has a 52-week low of $29.17 and a 52-week high of $61.65. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.82 and a current ratio of 3.15. The business’s fifty day moving average is $52.85 and its 200-day moving average is $46.18.

Aperam (OTCMKTS:APEMY) last released its earnings results on Thursday, April 30th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.07). The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.82 billion. Aperam had a return on equity of 0.94% and a net margin of 0.49%. Sell-side analysts expect that Aperam will post 2.3 EPS for the current fiscal year.

Aperam Company Profile

Aperam is a global stainless, electrical and specialty steel producer with headquarters in Luxembourg. The company designs, manufactures and distributes a wide range of stainless and electrical steel products that serve markets such as automotive, household appliances, construction, energy and mechanical industries. Aperam operates an integrated value chain that spans mining, steelmaking, finishing and distribution, enabling it to control quality and deliver tailored solutions to its customers.

The company was established in 2011 following a carve-out from ArcelorMittal and has since developed a distinct identity focused on sustainable stainless steel production.