Analysts expect AptarGroup, Inc. (NYSE:ATR) to post earnings per share of $0.93 for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for AptarGroup’s earnings, with the highest EPS estimate coming in at $0.94 and the lowest estimate coming in at $0.92. AptarGroup posted earnings of $0.77 per share during the same quarter last year, which would indicate a positive year over year growth rate of 20.8%. The firm is scheduled to announce its next earnings report on Thursday, April 26th.
According to Zacks, analysts expect that AptarGroup will report full-year earnings of $3.78 per share for the current financial year, with EPS estimates ranging from $3.65 to $3.90. For the next financial year, analysts expect that the business will report earnings of $4.20 per share, with EPS estimates ranging from $4.00 to $4.43. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow AptarGroup.
AptarGroup (NYSE:ATR) last issued its quarterly earnings results on Monday, February 12th. The industrial products company reported $0.81 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.10. AptarGroup had a return on equity of 16.97% and a net margin of 8.91%. The firm had revenue of $625.90 million during the quarter, compared to the consensus estimate of $577.17 million. During the same period last year, the company earned $0.69 earnings per share. The company’s revenue for the quarter was up 16.1% on a year-over-year basis.
In other AptarGroup news, Director Ralf K. Wunderlich sold 26,000 shares of the stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $87.03, for a total value of $2,262,780.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Eldon W. Schaffer II sold 20,000 shares of the stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $90.17, for a total value of $1,803,400.00. Following the completion of the transaction, the insider now owns 52,857 shares of the company’s stock, valued at approximately $4,766,115.69. The disclosure for this sale can be found here. Insiders sold 76,000 shares of company stock valued at $6,782,580 in the last quarter. 5.30% of the stock is currently owned by company insiders.
A number of large investors have recently added to or reduced their stakes in the business. Green Square Capital LLC raised its position in AptarGroup by 143.8% in the fourth quarter. Green Square Capital LLC now owns 8,266 shares of the industrial products company’s stock worth $713,000 after acquiring an additional 4,875 shares in the last quarter. Xact Kapitalforvaltning AB purchased a new position in AptarGroup in the fourth quarter worth $339,000. Envestnet Asset Management Inc. raised its position in AptarGroup by 6.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 14,107 shares of the industrial products company’s stock worth $1,218,000 after acquiring an additional 855 shares in the last quarter. MetLife Investment Advisors LLC purchased a new position in AptarGroup in the fourth quarter worth $3,401,000. Finally, Glenmede Trust Co. NA increased its position in shares of AptarGroup by 7.8% in the fourth quarter. Glenmede Trust Co. NA now owns 12,384 shares of the industrial products company’s stock valued at $1,067,000 after buying an additional 901 shares in the last quarter. Hedge funds and other institutional investors own 90.25% of the company’s stock.
Shares of AptarGroup (NYSE:ATR) traded down $0.25 during midday trading on Friday, hitting $90.74. The company had a trading volume of 20,195 shares, compared to its average volume of 305,740. The company has a current ratio of 3.16, a quick ratio of 2.52 and a debt-to-equity ratio of 0.91. AptarGroup has a 52-week low of $73.95 and a 52-week high of $92.32. The firm has a market capitalization of $5,668.12, a P/E ratio of 26.61, a PEG ratio of 2.83 and a beta of 0.88.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend was Tuesday, January 30th. AptarGroup’s payout ratio is 37.43%.
AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.
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