Atlas Copco AB (OTCMKTS:ATLKY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Atlas Copco AB (OTCMKTS:ATLKY – Get Free Report) have been given a consensus rating of “Moderate Buy” by the eleven research firms that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company.

Several equities analysts have recently commented on the company. Citigroup reiterated a “buy” rating on shares of Atlas Copco in a research report on Friday, July 17th. Rothschild & Co Redburn raised Atlas Copco from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Morgan Stanley reiterated an “overweight” rating on shares of Atlas Copco in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Atlas Copco in a report on Wednesday, April 29th. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Atlas Copco in a report on Wednesday, August 5th.

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Atlas Copco Stock Performance

OTCMKTS ATLKY opened at $21.94 on Monday. Atlas Copco has a 52-week low of $15.35 and a 52-week high of $22.42. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.87 and a current ratio of 1.27. The company has a market capitalization of $106.86 billion, a P/E ratio of 38.49, a P/E/G ratio of 1.98 and a beta of 1.41. The company has a fifty day moving average of $20.46 and a 200-day moving average of $19.89.

Atlas Copco (OTCMKTS:ATLKY – Get Free Report) last released its earnings results on Thursday, July 16th. The industrial products company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). Atlas Copco had a net margin of 15.66% and a return on equity of 24.10%. The firm had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.61 billion. As a group, equities research analysts predict that Atlas Copco will post 0.66 EPS for the current fiscal year.

Atlas Copco Company Profile

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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.

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