AptarGroup, Inc. (ATR) to Issue Quarterly Dividend of $0.34
AptarGroup, Inc. (NYSE:ATR) declared a quarterly dividend on Thursday, January 17th, RTT News reports. Shareholders of record on Wednesday, January 30th will be paid a dividend of 0.34 per share by the industrial products company on Wednesday, February 20th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.42%.
Shares of NYSE ATR opened at $95.93 on Friday. AptarGroup has a twelve month low of $79.97 and a twelve month high of $112.31. The firm has a market cap of $5.95 billion, a P/E ratio of 27.89, a PEG ratio of 2.56 and a beta of 0.83. The company has a quick ratio of 1.34, a current ratio of 1.87 and a debt-to-equity ratio of 0.81.
AptarGroup (NYSE:ATR) last issued its quarterly earnings data on Thursday, November 1st. The industrial products company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.06. The firm had revenue of $665.78 million during the quarter, compared to analysts’ expectations of $673.54 million. AptarGroup had a net margin of 7.52% and a return on equity of 18.42%. The business’s revenue was up 6.6% on a year-over-year basis. During the same period last year, the company earned $0.83 earnings per share. On average, research analysts predict that AptarGroup will post 3.92 EPS for the current fiscal year.
ATR has been the subject of several recent analyst reports. Zacks Investment Research cut shares of AptarGroup from a “hold” rating to a “sell” rating in a research note on Wednesday. Vertical Research upgraded shares of AptarGroup from a “sell” rating to a “hold” rating in a report on Monday, January 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $105.13.
AptarGroup, Inc provides a range of packaging, dispensing, and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates in three segments: Beauty + Home, Pharma, and Food + Beverage.
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