Atlas Copco (OTCMKTS:ATLKY – Get Free Report) will likely be announcing its results before the market opens on Thursday, October 22nd. Analysts expect Atlas Copco to announce earnings of $0.17 per share and revenue of $4.79 billion for the quarter.
Atlas Copco Stock Performance
Shares of ATLKY stock opened at $19.43 on Wednesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.27 and a quick ratio of 0.87. Atlas Copco has a 1 year low of $15.69 and a 1 year high of $22.42. The business has a fifty day moving average of $20.98 and a 200 day moving average of $20.25. The firm has a market capitalization of $94.64 billion, a price-to-earnings ratio of 35.05, a price-to-earnings-growth ratio of 1.54 and a beta of 1.39.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the company. Royal Bank Of Canada reiterated an “underperform” rating on shares of Atlas Copco in a research report on Wednesday, August 5th. Morgan Stanley reissued an “overweight” rating on shares of Atlas Copco in a research note on Tuesday, September 1st. The Goldman Sachs Group raised shares of Atlas Copco from a “neutral” rating to a “buy” rating in a report on Wednesday, July 22nd. Finally, Citigroup restated a “buy” rating on shares of Atlas Copco in a research report on Tuesday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Get Our Latest Research Report on Atlas Copco
Atlas Copco Company Profile
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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