A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) is expected to announce its results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $1.19 per share and revenue of $18.02 billion for the quarter.
A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The transportation company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.14 by $0.31. A.P. Moller-Maersk had a return on equity of 4.39% and a net margin of 4.08%. The firm had revenue of $15.76 billion during the quarter, compared to analysts’ expectations of $14.07 billion. On average, analysts expect A.P. Moller-Maersk to post $2.90 EPS for the current fiscal year and $0.94 EPS for the next fiscal year.
A.P. Moller-Maersk Stock Performance
Shares of OTCMKTS AMKBY opened at $17.57 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.90 and a current ratio of 2.03. The stock has a 50 day moving average price of $17.55 and a 200 day moving average price of $13.78. The stock has a market capitalization of $55.62 billion, a PE ratio of 22.53 and a beta of 0.71. A.P. Moller-Maersk has a 52 week low of $9.32 and a 52 week high of $18.76.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on AMKBY. Fearnley Fonds upgraded A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 21st. Citigroup reissued a “neutral” rating on shares of A.P. Moller-Maersk in a report on Tuesday, September 29th. Wolfe Research raised shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 8th. Morgan Stanley restated an “underweight” rating on shares of A.P. Moller-Maersk in a report on Friday, September 4th. Finally, The Goldman Sachs Group downgraded shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a report on Thursday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, A.P. Moller-Maersk currently has an average rating of “Reduce”.
View Our Latest Stock Analysis on A.P. Moller-Maersk
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.
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