Atlas Copco AB (OTCMKTS:ATLKY) Receives Consensus Rating of “Hold” from Brokerages

Atlas Copco AB (OTCMKTS:ATLKY) has been given an average rating of “Hold” by the nine ratings firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have given a buy recommendation to the company.

A number of equities analysts have recently commented on ATLKY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Atlas Copco in a research note on Friday, January 16th. The Goldman Sachs Group lowered Atlas Copco from a “strong-buy” rating to a “neutral” rating in a report on Thursday, February 5th. Sanford C. Bernstein raised Atlas Copco from a “hold” rating to an “outperform” rating in a research report on Wednesday, January 7th. Citigroup restated a “buy” rating on shares of Atlas Copco in a report on Thursday, January 22nd. Finally, Barclays raised Atlas Copco from a “hold” rating to an “overweight” rating in a research report on Wednesday, December 3rd.

Atlas Copco Stock Performance

OTCMKTS:ATLKY opened at $18.74 on Friday. The firm has a market capitalization of $91.36 billion, a PE ratio of 34.07, a PEG ratio of 2.65 and a beta of 1.41. Atlas Copco has a 1 year low of $13.41 and a 1 year high of $22.05. The company has a current ratio of 1.55, a quick ratio of 1.08 and a debt-to-equity ratio of 0.26. The firm’s fifty day simple moving average is $20.57 and its 200 day simple moving average is $18.33.

Atlas Copco (OTCMKTS:ATLKY) last released its earnings results on Tuesday, January 27th. The industrial products company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Atlas Copco had a return on equity of 24.94% and a net margin of 15.70%.The firm had revenue of $4.80 billion for the quarter, compared to analyst estimates of $4.68 billion. On average, sell-side analysts anticipate that Atlas Copco will post 0.55 EPS for the current year.

About Atlas Copco

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.