A.P. Moller-Maersk (OTCMKTS:AMKBY) Receives Average Recommendation of “Reduce” from Analysts

A.P. Moller-Maersk (OTCMKTS:AMKBY) has been assigned an average rating of “Reduce” from the six research firms that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and one has issued a strong buy recommendation on the company.

Several analysts have commented on AMKBY shares. BNP Paribas Exane cut shares of A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research report on Wednesday, September 17th. BNP Paribas cut shares of A.P. Moller-Maersk to a “strong sell” rating in a research report on Wednesday, September 17th. Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Friday, August 8th. Morgan Stanley reiterated an “underweight” rating on shares of A.P. Moller-Maersk in a research report on Friday, August 8th. Finally, Hsbc Global Res upgraded shares of A.P. Moller-Maersk to a “strong-buy” rating in a research report on Monday, September 29th.

A.P. Moller-Maersk Stock Performance

Shares of A.P. Moller-Maersk stock opened at $10.13 on Wednesday. The firm has a fifty day moving average of $10.21 and a two-hundred day moving average of $9.65. The stock has a market capitalization of $32.07 billion, a price-to-earnings ratio of 4.63 and a beta of 1.02. A.P. Moller-Maersk has a 52 week low of $6.69 and a 52 week high of $11.50. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.96 and a current ratio of 2.06.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its earnings results on Thursday, August 7th. The transportation company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.14 by $0.06. The company had revenue of $13.13 billion during the quarter, compared to analysts’ expectations of $12.34 billion. A.P. Moller-Maersk had a net margin of 12.11% and a return on equity of 12.33%. As a group, equities research analysts predict that A.P. Moller-Maersk will post 0.41 EPS for the current year.

A.P. Moller-Maersk Company Profile

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.