Somewhat Positive Press Coverage Somewhat Unlikely to Affect AptarGroup (ATR) Stock Price
News articles about AptarGroup (NYSE:ATR) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. AptarGroup earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 46.8838715103845 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several equities analysts have commented on the company. KeyCorp reaffirmed a “hold” rating on shares of AptarGroup in a report on Friday, September 22nd. Robert W. Baird reaffirmed a “hold” rating and issued a $85.00 price target on shares of AptarGroup in a report on Thursday, October 12th. Finally, Zacks Investment Research cut AptarGroup from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. AptarGroup presently has a consensus rating of “Hold” and an average price target of $84.57.
AptarGroup (NYSE:ATR) traded down $0.47 during mid-day trading on Friday, hitting $86.28. The stock had a trading volume of 148,922 shares, compared to its average volume of 255,254. AptarGroup has a 52 week low of $71.44 and a 52 week high of $90.79. The company has a market cap of $5,403.99, a price-to-earnings ratio of 25.23, a P/E/G ratio of 3.05 and a beta of 0.95. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.29 and a current ratio of 2.75.
In other news, Director Maritza Gomez Montiel sold 3,780 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $85.84, for a total value of $324,475.20. Following the sale, the director now directly owns 3,336 shares in the company, valued at approximately $286,362.24. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Ralf K. Wunderlich sold 26,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $87.03, for a total value of $2,262,780.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 77,910 shares of company stock worth $6,745,469. Corporate insiders own 5.30% of the company’s stock.
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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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