ATLAS COPCO AB/S (OTCMKTS:ATLKY) Receives Average Recommendation of “Hold” from Brokerages

Shares of ATLAS COPCO AB/S (OTCMKTS:ATLKY) have received an average rating of “Hold” from the six analysts that are covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company.

ATLKY has been the subject of several research analyst reports. Zacks Investment Research upgraded ATLAS COPCO AB/S from a “sell” rating to a “hold” rating in a research note on Tuesday, July 16th. ValuEngine downgraded ATLAS COPCO AB/S from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st.

Shares of OTCMKTS ATLKY traded up $0.41 during midday trading on Friday, hitting $27.99. 32,700 shares of the company’s stock were exchanged, compared to its average volume of 65,056. The company has a quick ratio of 1.25, a current ratio of 1.69 and a debt-to-equity ratio of 0.36. ATLAS COPCO AB/S has a 12 month low of $22.31 and a 12 month high of $32.46. The company’s 50 day moving average price is $30.30 and its 200 day moving average price is $28.82. The firm has a market capitalization of $23.15 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 1.53 and a beta of 1.24.

ATLAS COPCO AB/S (OTCMKTS:ATLKY) last issued its earnings results on Monday, July 15th. The industrial products company reported $0.36 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.36. ATLAS COPCO AB/S had a return on equity of 38.87% and a net margin of 16.98%. The company had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.66 billion. On average, equities research analysts anticipate that ATLAS COPCO AB/S will post 1.45 EPS for the current year.

About ATLAS COPCO AB/S

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, air and gas treatment equipment, and medical air solutions for use in manufacturing, oil and gas, and process industries.

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