ATLAS COPCO AB/S to Post FY2018 Earnings of $1.41 Per Share, Jefferies Financial Group Forecasts (ATLKY)

ATLAS COPCO AB/S (OTCMKTS:ATLKY) – Analysts at Jefferies Financial Group dropped their FY2018 EPS estimates for shares of ATLAS COPCO AB/S in a report issued on Wednesday, October 17th, according to Zacks Investment Research. Jefferies Financial Group analyst G. Phillips now anticipates that the industrial products company will post earnings of $1.41 per share for the year, down from their previous estimate of $1.43. Jefferies Financial Group also issued estimates for ATLAS COPCO AB/S’s FY2019 earnings at $1.54 EPS.

A number of other brokerages have also recently commented on ATLKY. ValuEngine upgraded ATLAS COPCO AB/S from a “sell” rating to a “hold” rating in a research note on Friday, September 21st. Zacks Investment Research upgraded ATLAS COPCO AB/S from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 19th.

ATLKY stock traded down $0.48 during trading on Thursday, reaching $23.94. 176,318 shares of the stock traded hands, compared to its average volume of 121,607. ATLAS COPCO AB/S has a 52-week low of $21.18 and a 52-week high of $47.90. The company has a current ratio of 1.31, a quick ratio of 0.96 and a debt-to-equity ratio of 0.42. The company has a market cap of $21.19 billion, a PE ratio of 14.87, a price-to-earnings-growth ratio of 1.47 and a beta of 1.03.

ATLAS COPCO AB/S (OTCMKTS:ATLKY) last posted its quarterly earnings results on Friday, October 19th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.01. ATLAS COPCO AB/S had a return on equity of 27.77% and a net margin of 102.75%. The firm had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.66 billion.

ATLAS COPCO AB/S Company Profile

Atlas Copco AB, through its subsidiaries, provides productivity solutions worldwide. It offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gas and process compressors, vacuum solutions, air and gas treatment equipment, and medical air solutions for use in manufacturing, oil and gas, and process industries.

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Earnings History and Estimates for ATLAS COPCO AB/S (OTCMKTS:ATLKY)

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