ATLAS COPCO AB/S (ATLKY) Rating Lowered to Sell at ValuEngine

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ATLAS COPCO AB/S (OTCMKTS:ATLKY) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Monday.

ATLKY has been the subject of a number of other research reports. UBS Group raised ATLAS COPCO AB/S from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 11th. Barclays cut ATLAS COPCO AB/S from an “overweight” rating to a “hold” rating in a report on Friday, December 7th. Zacks Investment Research upgraded ATLAS COPCO AB/S from a “sell” rating to a “hold” rating in a report on Wednesday, December 19th. Finally, William Blair reiterated a “market perform” rating on shares of ATLAS COPCO AB/S in a report on Tuesday, January 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. ATLAS COPCO AB/S presently has a consensus rating of “Hold” and an average price target of $48.00.

Shares of OTCMKTS:ATLKY opened at $26.66 on Monday. The firm has a market capitalization of $22.33 billion, a PE ratio of 17.20, a price-to-earnings-growth ratio of 1.44 and a beta of 0.96. The company has a quick ratio of 1.03, a current ratio of 1.39 and a debt-to-equity ratio of 0.39. ATLAS COPCO AB/S has a 52 week low of $21.18 and a 52 week high of $44.68.

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