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

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

Separately, Zacks Investment Research raised ATLAS COPCO AB/S from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 19th.

Shares of OTCMKTS:ATLKY traded down $1.63 during trading on Friday, reaching $23.72. 70,395 shares of the company traded hands, compared to its average volume of 48,595. The firm has a market cap of $21.88 billion, a PE ratio of 14.73, a price-to-earnings-growth ratio of 1.51 and a beta of 0.84. ATLAS COPCO AB/S has a 52-week low of $21.18 and a 52-week high of $47.90. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.96 and a current ratio of 1.31.

ATLAS COPCO AB/S (OTCMKTS:ATLKY) last released its quarterly earnings data on Friday, July 20th. The industrial products company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.11). The company had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $3.76 billion. ATLAS COPCO AB/S had a net margin of 96.76% and a return on equity of 29.21%. Research analysts predict that ATLAS COPCO AB/S will post 1.38 EPS for the current 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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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