Atlas Copco AB (OTCMKTS:ATLKY) Given Consensus Recommendation of “Hold” by Brokerages

Atlas Copco AB (OTCMKTS:ATLKY) has been assigned a consensus recommendation of “Hold” from the ten analysts that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company.

ATLKY has been the topic of several recent analyst reports. Rothschild & Co Redburn raised shares of Atlas Copco from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Citigroup reissued a “buy” rating on shares of Atlas Copco in a research note on Thursday, April 9th. Royal Bank Of Canada reissued an “underperform” rating on shares of Atlas Copco in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Atlas Copco in a research note on Wednesday, April 29th.

Atlas Copco Stock Performance

Shares of ATLKY opened at $20.54 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.08 and a current ratio of 1.55. The company has a market capitalization of $100.06 billion, a price-to-earnings ratio of 36.69, a PEG ratio of 2.13 and a beta of 1.44. The company’s 50 day simple moving average is $19.55 and its 200 day simple moving average is $19.37. Atlas Copco has a 1 year low of $14.89 and a 1 year high of $22.05.

Atlas Copco (OTCMKTS:ATLKY) last announced its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.14. The business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.46 billion. Atlas Copco had a net margin of 15.69% and a return on equity of 25.21%. On average, sell-side analysts predict that Atlas Copco will post 0.66 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.