A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Given Consensus Recommendation of “Reduce” by Analysts

Shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) have received an average recommendation of “Reduce” from the twelve analysts that are currently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company.

Several research firms recently weighed in on AMKBY. The Goldman Sachs Group upgraded A.P. Møller – Mærsk A/S from a “sell” rating to a “neutral” rating in a report on Tuesday, January 2nd. BNP Paribas lowered A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a report on Thursday, January 11th. Jefferies Financial Group raised A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. JPMorgan Chase & Co. downgraded A.P. Møller – Mærsk A/S from an “overweight” rating to a “neutral” rating in a research report on Thursday, January 4th. Finally, Sanford C. Bernstein assumed coverage on A.P. Møller – Mærsk A/S in a research report on Wednesday, February 21st. They issued an “underperform” rating on the stock.

A.P. Møller – Mærsk A/S Stock Up 2.3 %

Shares of AMKBY opened at $6.77 on Friday. The stock has a market capitalization of $25.33 billion, a price-to-earnings ratio of 6.10 and a beta of 1.31. A.P. Møller – Mærsk A/S has a 1 year low of $6.26 and a 1 year high of $10.60. The business’s 50 day simple moving average is $6.94 and its 200-day simple moving average is $8.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.50 and a quick ratio of 2.37.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its quarterly earnings data on Thursday, February 8th. The transportation company reported ($0.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.03. The business had revenue of $11.74 billion for the quarter, compared to analysts’ expectations of $11.32 billion. A.P. Møller – Mærsk A/S had a negative return on equity of 0.22% and a net margin of 7.48%. As a group, equities analysts expect that A.P. Møller – Mærsk A/S will post 0.23 earnings per share for the current fiscal year.

A.P. Møller – Mærsk A/S Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Monday, March 18th were given a $0.2412 dividend. The ex-dividend date was Friday, March 15th. A.P. Møller – Mærsk A/S’s payout ratio is currently 21.62%.

About A.P. Møller – Mærsk A/S

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.