ATLAS COPCO AB/S’s (ATLKY) “Hold” Rating Reiterated at HSBC

ATLAS COPCO AB/S (OTCMKTS:ATLKY)‘s stock had its “hold” rating reiterated by research analysts at HSBC in a research report issued on Monday, Automated Import reports.

A number of other brokerages also recently commented on ATLKY. ValuEngine raised shares of ATLAS COPCO AB/S from a “sell” rating to a “hold” rating in a research report on Monday, April 1st. Zacks Investment Research downgraded shares of ATLAS COPCO AB/S from a “buy” rating to a “hold” rating in a report on Tuesday, April 2nd. Finally, William Blair reaffirmed a “market perform” rating on shares of ATLAS COPCO AB/S in a report on Tuesday, January 29th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $48.00.

Shares of OTCMKTS:ATLKY traded down $0.10 during midday trading on Monday, reaching $29.66. 15,082 shares of the company were exchanged, compared to its average volume of 47,694. ATLAS COPCO AB/S has a fifty-two week low of $21.18 and a fifty-two week high of $44.68. The company has a quick ratio of 1.03, a current ratio of 1.39 and a debt-to-equity ratio of 0.39. The firm has a market cap of $24.98 billion, a price-to-earnings ratio of 19.13, a PEG ratio of 1.59 and a beta of 0.96.

ATLAS COPCO AB/S (OTCMKTS:ATLKY) last issued its quarterly earnings data on Monday, January 28th. The industrial products company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.14. ATLAS COPCO AB/S had a net margin of 111.96% and a return on equity of 33.89%. The business had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.57 billion. Research analysts expect that ATLAS COPCO AB/S will post 1.47 earnings per share for the current fiscal 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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