Atlas Copco (OTCMKTS:ATLKY – Get Free Report) released its quarterly earnings data on Thursday. The industrial products company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.01), Zacks reports. Atlas Copco had a return on equity of 24.10% and a net margin of 15.66%.
Atlas Copco Price Performance
OTCMKTS ATLKY opened at $19.53 on Thursday. The stock has a market cap of $95.12 billion, a PE ratio of 34.26, a P/E/G ratio of 1.49 and a beta of 1.39. The business has a 50 day moving average price of $20.93 and a two-hundred day moving average price of $20.27. The company has a quick ratio of 0.87, a current ratio of 1.27 and a debt-to-equity ratio of 0.25. Atlas Copco has a fifty-two week low of $15.69 and a fifty-two week high of $22.42.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on ATLKY. The Goldman Sachs Group raised shares of Atlas Copco from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 22nd. Citigroup reissued a “buy” rating on shares of Atlas Copco in a research note on Tuesday, October 13th. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Atlas Copco in a research report on Wednesday, August 5th. Finally, Morgan Stanley restated an “overweight” rating on shares of Atlas Copco in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
View Our Latest Stock Analysis on ATLKY
About Atlas Copco
Atlas Copco AB is a Sweden-based industrial technology company that develops and manufactures equipment, systems and services for a broad range of industrial applications. Its principal business areas include compressed-air and gas equipment, vacuum solutions, industrial tools and assembly systems, and power and flow equipment.
The company’s offerings include air compressors, dryers and treatment systems; vacuum pumps and related equipment; pneumatic, electric and battery-powered tools; automated assembly solutions; generators, pumps and construction equipment.
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