Atlas Copco AB (OTCMKTS:ATLKY) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Atlas Copco AB (OTCMKTS:ATLKY) have been given a consensus recommendation of “Moderate Buy” by the eleven analysts that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company.

ATLKY has been the topic of several recent research reports. Rothschild & Co Redburn upgraded shares of Atlas Copco from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 20th. Morgan Stanley restated an “overweight” rating on shares of Atlas Copco in a research report on Tuesday, July 21st. The Goldman Sachs Group raised Atlas Copco from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Atlas Copco in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Atlas Copco in a research report on Wednesday, April 29th.

Atlas Copco Stock Performance

Shares of ATLKY stock opened at $21.94 on Monday. The company has a market cap of $106.86 billion, a P/E ratio of 38.49, a PEG ratio of 2.00 and a beta of 1.41. The business has a 50 day moving average of $20.46 and a two-hundred day moving average of $19.90. Atlas Copco has a 52 week low of $15.35 and a 52 week high of $22.42. The company has a quick ratio of 0.87, a current ratio of 1.27 and a debt-to-equity ratio of 0.25.

Atlas Copco (OTCMKTS:ATLKY) last released its quarterly earnings data on Thursday, July 16th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The company had revenue of $4.66 billion for the quarter, compared to analyst estimates of $4.61 billion. Atlas Copco had a net margin of 15.66% and a return on equity of 24.10%. As a group, analysts anticipate that Atlas Copco will post 0.66 EPS for the current year.

Atlas Copco Company Profile

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.