A.P. Moller-Maersk (OTCMKTS:AMKBY) Stock Now Rated “Reduce” by Sell-Side Analysts

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY) have been given an average recommendation of “Reduce” by the thirteen research firms that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a strong buy rating to the company.

A number of analysts have commented on AMKBY shares. The Goldman Sachs Group cut A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research report on Thursday, October 22nd. Morgan Stanley reaffirmed an “underweight” rating on shares of A.P. Moller-Maersk in a report on Friday, September 4th. Fearnley Fonds upgraded shares of A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 21st. Zacks Research upgraded shares of A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 7th. Finally, UBS Group cut A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research note on Wednesday, October 21st.

A.P. Moller-Maersk Stock Performance

Shares of OTCMKTS:AMKBY opened at $15.50 on Friday. The stock has a market capitalization of $49.07 billion, a P/E ratio of 19.87 and a beta of 0.71. The company has a quick ratio of 1.90, a current ratio of 2.03 and a debt-to-equity ratio of 0.09. The firm has a fifty day simple moving average of $17.55 and a two-hundred day simple moving average of $13.92. A.P. Moller-Maersk has a 52 week low of $9.32 and a 52 week high of $18.76.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its earnings results on Thursday, November 5th. The transportation company reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.18). The company had revenue of $18.09 billion for the quarter, compared to analysts’ expectations of $18.25 billion. A.P. Moller-Maersk had a return on equity of 4.39% and a net margin of 4.08%. On average, analysts expect that A.P. Moller-Maersk will post 2.90 earnings per share for the current fiscal year.

A.P. Moller-Maersk Company Profile

A.P. Moller-Maersk A/S is a Danish global transportation and logistics company founded in 1904 by Arnold Peter Møller. The company is best known for its container shipping operations, conducted through the Maersk brand, and provides ocean transportation services linking manufacturers, suppliers, retailers and consumers across major global trade routes.

In addition to shipping, Maersk offers integrated logistics services, including freight forwarding, warehousing, customs services, supply-chain management and air freight.