Atlas Copco (OTCMKTS:ATLKY) Issues Quarterly Earnings Results

Atlas Copco (OTCMKTS:ATLKY) posted its quarterly earnings results on Tuesday. The industrial products company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01), Zacks reports. Atlas Copco had a return on equity of 25.42% and a net margin of 16.08%.

Atlas Copco Stock Performance

Shares of OTCMKTS:ATLKY opened at $21.33 on Tuesday. The business’s 50 day moving average price is $18.31 and its 200-day moving average price is $17.18. Atlas Copco has a 1 year low of $13.41 and a 1 year high of $21.46. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.52 and a quick ratio of 1.09. The firm has a market capitalization of $103.99 billion, a PE ratio of 38.09, a P/E/G ratio of 10.05 and a beta of 1.40.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Citigroup reissued a “buy” rating on shares of Atlas Copco in a research report on Thursday. Sanford C. Bernstein raised Atlas Copco from a “hold” rating to an “outperform” rating in a report on Wednesday, January 7th. UBS Group lowered Atlas Copco to a “sell” rating in a research note on Tuesday, October 28th. Barclays raised shares of Atlas Copco from a “hold” rating to an “overweight” rating in a research report on Wednesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Atlas Copco in a research report on Friday, January 16th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Atlas Copco Company Profile

Atlas Copco is a Sweden-based industrial group that develops, manufactures and services equipment and solutions for professional customers in a broad range of industries. The company’s core activities center on compressed air and gas systems, vacuum solutions, construction and mining equipment, industrial tools and assembly systems, and power and flow equipment. Products and services span new-equipment sales, aftermarket parts, maintenance and technical support aimed at improving productivity, energy efficiency and safety for industrial operations.

Key product categories include stationary and portable air compressors, air treatment and gas generation systems, industrial vacuum pumps, generators and light towers, drilling rigs and rock excavation equipment for mining and construction, as well as electric and pneumatic tools and automated assembly systems for manufacturing.