AptarGroup (NYSE:ATR) updated its first quarter earnings guidance on Monday. The company provided EPS guidance of $0.90-0.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.91.
Several analysts recently issued reports on ATR shares. Zacks Investment Research downgraded AptarGroup from a buy rating to a hold rating in a report on Monday, February 5th. KeyCorp reiterated a hold rating on shares of AptarGroup in a report on Friday, October 27th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of $83.71.
Shares of AptarGroup (NYSE ATR) opened at $82.60 on Tuesday. AptarGroup has a twelve month low of $72.86 and a twelve month high of $90.79. The stock has a market capitalization of $5,118.06, a price-to-earnings ratio of 24.90, a P/E/G ratio of 2.69 and a beta of 0.88. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.75 and a quick ratio of 2.29.
AptarGroup (NYSE:ATR) last announced its quarterly earnings results on Monday, February 12th. The industrial products company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.11. AptarGroup had a return on equity of 16.82% and a net margin of 9.24%. The firm had revenue of $625.90 million during the quarter, compared to the consensus estimate of $577.17 million. During the same period in the prior year, the firm earned $0.69 EPS. The firm’s quarterly revenue was up 16.1% compared to the same quarter last year. equities analysts anticipate that AptarGroup will post 3.35 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 21st. Shareholders of record on Wednesday, January 31st will be given a $0.32 dividend. The ex-dividend date is Tuesday, January 30th. This represents a $1.28 dividend on an annualized basis and a yield of 1.55%. AptarGroup’s payout ratio is currently 37.43%.
In other AptarGroup news, Director Ralf K. Wunderlich sold 26,000 shares of the company’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $87.03, for a total value of $2,262,780.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stephen J. Hagge sold 25,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $86.12, for a total transaction of $2,153,000.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 56,000 shares of company stock valued at $4,852,930. 5.30% of the stock is currently owned by corporate insiders.
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AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.
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