A.P. Moller-Maersk (AMKBY) – What Are Brokerages Saying About This Stock?

A.P. Moller-Maersk (OTCMKTS:AMKBY) has been assigned a consensus recommendation of “Hold” from the twelve research firms that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a strong buy rating to the company.

A number of equities analysts recently issued reports on AMKBY shares. Zacks Research upgraded shares of A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 7th. Morgan Stanley restated an “underweight” rating on shares of A.P. Moller-Maersk in a research report on Friday, September 4th. Nordea Equity Research upgraded shares of A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a research report on Friday, August 14th. Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Tuesday, September 29th. Finally, Wolfe Research upgraded shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 8th.

A.P. Moller-Maersk Stock Performance

OTCMKTS:AMKBY opened at $18.61 on Wednesday. A.P. Moller-Maersk has a 1 year low of $9.23 and a 1 year high of $18.64. The stock has a market cap of $58.91 billion, a price-to-earnings ratio of 23.86 and a beta of 0.71. The business has a fifty day moving average of $16.62 and a 200-day moving average of $13.84. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.90 and a current ratio of 2.03.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its quarterly earnings results on Thursday, August 13th. The transportation company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.31. The company had revenue of $15.76 billion for the quarter, compared to analyst estimates of $14.07 billion. A.P. Moller-Maersk had a return on equity of 4.39% and a net margin of 4.08%. Equities analysts predict that A.P. Moller-Maersk will post 2.52 earnings per share for the current year.

About A.P. Moller-Maersk

A.P. Moller-Maersk A/S is a Danish integrated logistics and transportation company headquartered in Copenhagen. Founded in 1904 by A.P. Møller, the company has developed from a shipping business into a global provider of end-to-end supply-chain services.

Maersk’s principal business is ocean transportation, connecting customers and markets through container shipping services. The company also operates port terminals and provides logistics services, including warehousing, customs support, inland transportation, air freight and supply-chain management.