Favorable Press Coverage Somewhat Unlikely to Affect AptarGroup (ATR) Share Price
Headlines about AptarGroup (NYSE:ATR) have trended positive on Tuesday, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AptarGroup earned a news impact score of 0.28 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 46.470070001555 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of AptarGroup (NYSE ATR) traded down $0.32 during trading hours on Tuesday, hitting $86.24. The stock had a trading volume of 254,129 shares, compared to its average volume of 251,260. AptarGroup has a 52-week low of $71.44 and a 52-week high of $90.79. The stock has a market cap of $5,370.00, a price-to-earnings ratio of 25.29, a price-to-earnings-growth ratio of 2.86 and a beta of 0.95. The company has a quick ratio of 2.29, a current ratio of 2.75 and a debt-to-equity ratio of 0.96.
AptarGroup (NYSE:ATR) last announced its earnings results on Thursday, October 26th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.03. AptarGroup had a return on equity of 16.82% and a net margin of 9.24%. The firm had revenue of $624.33 million for the quarter, compared to analyst estimates of $599.31 million. During the same quarter last year, the firm posted $0.82 EPS. The business’s revenue was up 5.9% on a year-over-year basis. analysts forecast that AptarGroup will post 3.35 earnings per share for the current year.
In other AptarGroup news, insider Salim Haffar sold 18,130 shares of the firm’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $86.49, for a total value of $1,568,063.70. Following the transaction, the insider now owns 39,556 shares in the company, valued at approximately $3,421,198.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Robert Kuhn sold 5,000 shares of the firm’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $87.43, for a total value of $437,150.00. The disclosure for this sale can be found here. Insiders sold a total of 77,910 shares of company stock worth $6,745,469 in the last 90 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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