Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) have received a consensus recommendation of “Reduce” from the thirteen analysts that are presently covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a strong buy rating to the company.
AMKBY has been the subject of several analyst reports. 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 report on Tuesday, September 8th. Morgan Stanley reiterated an “underweight” rating on shares of A.P. Moller-Maersk in a research report on Friday, September 4th. The Goldman Sachs Group lowered shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research report on Thursday, October 22nd. Finally, Fearnley Fonds raised shares of A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 21st.
Get Our Latest Stock Analysis on A.P. Moller-Maersk
A.P. Moller-Maersk Price Performance
Shares of OTCMKTS:AMKBY opened at $16.86 on Friday. The firm’s 50 day moving average price is $17.59 and its 200-day moving average price is $13.87. A.P. Moller-Maersk has a twelve month low of $9.32 and a twelve month high of $18.76. The company has a quick ratio of 1.90, a current ratio of 2.03 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $53.37 billion, a PE ratio of 20.42 and a beta of 0.71.
A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) last announced its earnings results on Thursday, August 13th. The transportation company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.31. A.P. Moller-Maersk had a net margin of 4.08% and a return on equity of 4.39%. The company had revenue of $15.76 billion during the quarter, compared to analyst estimates of $14.07 billion. Equities research analysts expect that A.P. Moller-Maersk will post 2.90 EPS for the current year.
About A.P. Moller-Maersk
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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