A.P. Moller-Maersk (OTCMKTS:AMKBY) Given Average Rating of “Reduce” by Brokerages

A.P. Moller-Maersk (OTCMKTS:AMKBY) has been given an average recommendation of “Reduce” by the thirteen brokerages that are presently covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a strong buy recommendation to the company.

Several research analysts recently issued reports on AMKBY shares. Wolfe Research reissued an “underperform” rating on shares of A.P. Moller-Maersk in a research report on Thursday, January 8th. The Goldman Sachs Group lowered A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research note on Wednesday, January 14th. Bank of America cut A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of A.P. Moller-Maersk in a research report on Wednesday, December 17th. Finally, Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Monday, February 9th.

A.P. Moller-Maersk Stock Down 0.3%

Shares of AMKBY opened at $13.18 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.02 and a current ratio of 2.12. The company has a 50-day simple moving average of $12.48 and a 200-day simple moving average of $11.18. A.P. Moller-Maersk has a 52 week low of $6.69 and a 52 week high of $14.32. The firm has a market capitalization of $41.71 billion, a P/E ratio of 14.97 and a beta of 0.87.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its earnings results on Thursday, February 5th. The transportation company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). A.P. Moller-Maersk had a net margin of 5.05% and a return on equity of 4.87%. The firm had revenue of $13.33 billion during the quarter, compared to analyst estimates of $12.83 billion. On average, equities research analysts expect that A.P. Moller-Maersk will post 0.41 earnings per share for the current year.

About A.P. Moller-Maersk

A.P. Moller-Maersk A/S is a Danish integrated transport and logistics company headquartered in Copenhagen. Operating under the Maersk brand worldwide, the group provides container shipping and end-to-end logistics services, combining ocean freight with land-based transportation, contract logistics, warehousing, and supply chain management for global shippers and manufacturers.

The company’s core activities include container shipping operations, terminal services through APM Terminals, and a growing logistics and services business that offers freight forwarding, customs brokerage, inland transportation and warehousing.