Aperam (APEMY) to Post Earnings on Thursday

Aperam (OTCMKTS:APEMY) is projected to announce its resultson Thursday, July 30th. Analysts expect Aperam to post earnings of $0.6450 per share and revenue of $2.0439 billion for the quarter.

Aperam (OTCMKTS:APEMY) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.07). The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.82 billion. Aperam had a net margin of 0.49% and a return on equity of 0.94%. On average, analysts expect Aperam to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Aperam Price Performance

APEMY stock opened at $54.06 on Tuesday. The company has a current ratio of 3.15, a quick ratio of 0.82 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $3.96 billion, a PE ratio of 117.52 and a beta of 1.36. Aperam has a 12-month low of $29.17 and a 12-month high of $61.65. The business’s fifty day moving average price is $55.47 and its 200 day moving average price is $49.28.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on APEMY shares. BNP Paribas Exane downgraded Aperam from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Jefferies Financial Group raised shares of Aperam from a “hold” rating to a “buy” rating in a research report on Wednesday, April 15th. Zacks Research raised shares of Aperam from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 15th. Citigroup restated a “neutral” rating on shares of Aperam in a report on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Aperam in a research note on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Aperam currently has a consensus rating of “Moderate Buy”.

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.