Media headlines about AptarGroup (NYSE:ATR) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. AptarGroup earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 46.801658314643 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Brokerages Anticipate AptarGroup, Inc. (ATR) to Post $0.93 Earnings Per Share (americanbankingnews.com)
- Insider Selling: AptarGroup, Inc. (ATR) Director Sells 68,985 Shares of Stock (americanbankingnews.com)
- Bank of New York Mellon Corp Cuts Holdings in AptarGroup, Inc. (ATR) (americanbankingnews.com)
- Insider Selling: AptarGroup, Inc. (ATR) Director Sells 5,612 Shares of Stock (americanbankingnews.com)
- AptarGroup, Inc. (ATR) Shares Sold by Caisse DE Depot ET Placement DU Quebec (americanbankingnews.com)
ATR has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of AptarGroup from a “buy” rating to a “hold” rating in a research note on Monday, February 5th. Wells Fargo & Co reissued a “market perform” rating and issued a $90.00 target price (up previously from $83.00) on shares of AptarGroup in a research note on Wednesday, February 14th. Finally, Robert W. Baird reissued a “hold” rating and issued a $92.00 target price on shares of AptarGroup in a research note on Wednesday, February 14th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. AptarGroup has a consensus rating of “Hold” and a consensus price target of $85.38.
AptarGroup (NYSE:ATR) last posted its quarterly earnings results on Monday, February 12th. The industrial products company reported $0.81 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.10. The company had revenue of $625.90 million for the quarter, compared to the consensus estimate of $577.17 million. AptarGroup had a net margin of 8.91% and a return on equity of 16.97%. The firm’s revenue was up 16.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.69 EPS. analysts forecast that AptarGroup will post 3.78 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, January 31st were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.41%. The ex-dividend date was Tuesday, January 30th. AptarGroup’s dividend payout ratio is presently 37.43%.
In related news, Director King W. Harris sold 68,985 shares of the firm’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $89.99, for a total value of $6,207,960.15. Following the transaction, the director now owns 193,474 shares of the company’s stock, valued at approximately $17,410,725.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Stephen J. Hagge sold 5,612 shares of the firm’s stock in a transaction dated Friday, March 2nd. The stock was sold at an average price of $88.65, for a total transaction of $497,503.80. Following the completion of the transaction, the director now directly owns 84,001 shares in the company, valued at approximately $7,446,688.65. The disclosure for this sale can be found here. Insiders sold a total of 119,597 shares of company stock worth $10,788,114 in the last ninety days. 5.30% of the stock is currently owned by insiders.
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AptarGroup Company Profile
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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