Atlas Copco (ATLKY) Expected to Announce Earnings on Tuesday
by Teresa Graham · The Cerbat GemAtlas Copco (OTCMKTS:ATLKY – Get Free Report) is anticipated to announce its resultson Tuesday, April 28th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $4.5793 billion for the quarter.
Atlas Copco (OTCMKTS:ATLKY – Get Free Report) last posted its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Atlas Copco had a net margin of 15.70% and a return on equity of 24.94%. The company had revenue of $4.80 billion for the quarter, compared to analyst estimates of $4.68 billion. On average, analysts expect Atlas Copco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Atlas Copco Price Performance
OTCMKTS ATLKY opened at $20.94 on Tuesday. Atlas Copco has a 12 month low of $14.89 and a 12 month high of $22.05. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.55 and a quick ratio of 1.08. The firm has a market capitalization of $101.99 billion, a PE ratio of 38.07, a P/E/G ratio of 2.70 and a beta of 1.47. The company’s 50 day simple moving average is $19.48 and its 200 day simple moving average is $18.68.
Analyst Ratings Changes
A number of research analysts recently commented on ATLKY shares. The Goldman Sachs Group lowered shares of Atlas Copco from a “strong-buy” rating to a “neutral” rating in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Atlas Copco in a research note on Friday, January 16th. Citigroup restated a “buy” rating on shares of Atlas Copco in a research report on Thursday, April 9th. Sanford C. Bernstein upgraded shares of Atlas Copco from a “hold” rating to an “outperform” rating in a research report on Wednesday, January 7th. Finally, Pareto Securities lowered shares of Atlas Copco from a “buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold”.
Get Our Latest Stock Analysis on Atlas Copco
About Atlas Copco
Atlas Copco is a Sweden-based industrial group that develops, manufactures and services equipment and solutions for professional customers in a broad range of industries. The company’s core activities center on compressed air and gas systems, vacuum solutions, construction and mining equipment, industrial tools and assembly systems, and power and flow equipment. Products and services span new-equipment sales, aftermarket parts, maintenance and technical support aimed at improving productivity, energy efficiency and safety for industrial operations.
Key product categories include stationary and portable air compressors, air treatment and gas generation systems, industrial vacuum pumps, generators and light towers, drilling rigs and rock excavation equipment for mining and construction, as well as electric and pneumatic tools and automated assembly systems for manufacturing.