ValuEngine Upgrades ATLAS COPCO AB/S (OTCMKTS:ATLKY) to Hold

ValuEngine upgraded shares of ATLAS COPCO AB/S (OTCMKTS:ATLKY) from a sell rating to a hold rating in a report issued on Friday, November 2nd.

Separately, Zacks Investment Research upgraded shares of ATLAS COPCO AB/S from a strong sell rating to a hold rating in a research note on Wednesday, September 19th.

Shares of OTCMKTS ATLKY traded down $0.48 during trading on Friday, hitting $23.94. 176,318 shares of the company were exchanged, compared to its average volume of 121,607. The firm has a market cap of $21.19 billion, a PE ratio of 14.87, a P/E/G ratio of 1.47 and a beta of 1.03. ATLAS COPCO AB/S has a 12-month low of $21.18 and a 12-month high of $47.90. The company has a quick ratio of 0.96, a current ratio of 1.31 and a debt-to-equity ratio of 0.42.

ATLAS COPCO AB/S (OTCMKTS:ATLKY) last issued its quarterly earnings data on Friday, October 19th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.66 billion. ATLAS COPCO AB/S had a net margin of 102.75% and a return on equity of 27.77%. Research analysts expect that ATLAS COPCO AB/S will post 1.38 EPS for the current year.

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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