A.P. Moller-Maersk (OTCMKTS:AMKBY) Stock Rated “Reduce” by Wall Street Brokerages

A.P. Moller-Maersk (OTCMKTS:AMKBY) has earned an average recommendation of “Reduce” from the thirteen ratings firms that are presently covering the firm, Marketbeat reports. Five analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and two have given a strong buy recommendation to the company.

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group downgraded shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a report on Thursday, October 22nd. Zacks Research raised shares of A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 7th. Fearnley Fonds upgraded shares of A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 21st. UBS Group cut A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a report on Wednesday, October 21st. Finally, Morgan Stanley reissued an “underweight” rating on shares of A.P. Moller-Maersk in a research note on Friday, September 4th.

A.P. Moller-Maersk Stock Performance

Shares of AMKBY opened at $15.06 on Friday. The firm has a fifty day moving average of $17.52 and a 200-day moving average of $13.94. The company has a market cap of $47.68 billion, a price-to-earnings ratio of 10.32 and a beta of 0.71. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.90 and a current ratio of 2.03. A.P. Moller-Maersk has a 1 year low of $9.32 and a 1 year high of $18.76.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last posted its quarterly earnings data on Thursday, November 5th. The transportation company reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.18). The firm had revenue of $18.09 billion during the quarter, compared to analyst estimates of $18.25 billion. A.P. Moller-Maersk had a return on equity of 8.14% and a net margin of 7.04%. As a group, equities analysts anticipate that A.P. Moller-Maersk will post 2.95 earnings per share for the current year.

A.P. Moller-Maersk Company Profile

A.P. Moller-Maersk is a Danish transport and logistics company headquartered in Copenhagen. Founded in 1904, it has grown from a shipping business into a global provider of services that help move goods through international supply chains.

The company’s activities include container shipping, port operations through APM Terminals, and logistics services such as freight forwarding, warehousing and supply chain management. Its services connect customers with suppliers and markets around the world.

Maersk serves businesses across a broad range of industries and operates in markets worldwide.