Atlas Copco AB (OTCMKTS:ATLKY) Given Consensus Rating of “Hold” by Analysts

Atlas Copco AB (OTCMKTS:ATLKY) has earned an average recommendation of “Hold” from the ten brokerages that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Atlas Copco in a research report on Wednesday, April 29th. Royal Bank Of Canada reiterated an “underperform” rating on shares of Atlas Copco in a research note on Thursday, April 30th. Citigroup reissued a “buy” rating on shares of Atlas Copco in a research report on Wednesday. Finally, Rothschild & Co Redburn raised Atlas Copco from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 20th.

Atlas Copco Stock Performance

Shares of ATLKY opened at $19.44 on Friday. The stock has a 50 day moving average of $19.57 and a 200 day moving average of $19.45. The company has a current ratio of 1.55, a quick ratio of 1.08 and a debt-to-equity ratio of 0.26. Atlas Copco has a 12 month low of $14.89 and a 12 month high of $22.05. The company has a market capitalization of $94.68 billion, a price-to-earnings ratio of 34.71, a PEG ratio of 2.01 and a beta of 1.44.

Atlas Copco (OTCMKTS:ATLKY) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.14. The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.46 billion. Atlas Copco had a return on equity of 25.21% and a net margin of 15.69%. As a group, sell-side analysts forecast that Atlas Copco will post 0.66 earnings per share for the current year.

About Atlas Copco

Atlas Copco is a Sweden-based industrial group that develops, manufactures and services equipment and solutions for professional customers in a broad range of industries. The company’s core activities center on compressed air and gas systems, vacuum solutions, construction and mining equipment, industrial tools and assembly systems, and power and flow equipment. Products and services span new-equipment sales, aftermarket parts, maintenance and technical support aimed at improving productivity, energy efficiency and safety for industrial operations.

Key product categories include stationary and portable air compressors, air treatment and gas generation systems, industrial vacuum pumps, generators and light towers, drilling rigs and rock excavation equipment for mining and construction, as well as electric and pneumatic tools and automated assembly systems for manufacturing.