Aggreko PLC Expected to Earn FY2018 Earnings of $0.70 Per Share (OTCMKTS:ARGKF)

Aggreko PLC (OTCMKTS:ARGKF) – Research analysts at Jefferies Group reduced their FY2018 earnings estimates for Aggreko in a research note issued to investors on Wednesday, March 14th, Zacks Investment Research reports. Jefferies Group analyst W. Kirkness now forecasts that the company will post earnings per share of $0.70 for the year, down from their prior forecast of $0.80. Jefferies Group also issued estimates for Aggreko’s FY2019 earnings at $0.79 EPS.

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Several other research firms have also recently commented on ARGKF. Zacks Investment Research raised shares of Aggreko from a “strong sell” rating to a “hold” rating and set a $13.00 price target on the stock in a research note on Tuesday, January 23rd. ValuEngine cut shares of Aggreko from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd.

Shares of OTCMKTS ARGKF traded down $0.05 during mid-day trading on Friday, hitting $10.07. 9,576 shares of the stock were exchanged, compared to its average volume of 2,889. Aggreko has a twelve month low of $9.58 and a twelve month high of $12.96. The firm has a market cap of $2,579.21, a price-to-earnings ratio of 11.99, a PEG ratio of 2.03 and a beta of 1.70.

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Aggreko Company Profile

Aggreko plc is a United Kingdom-based company, which is a provider of modular, mobile power and related solutions. The Company’s segments include Power Solutions and Rental Solutions. The Power Solutions segment provides solutions for power requirements. The Power Solutions segment has two businesses: utility and industrial.

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