A.P. Moller-Maersk (OTCMKTS:AMKBY) Receives Average Rating of "Reduce" from Brokerages

Key Points

• A.P. Moller-Maersk has received a consensus recommendation of "Reduce" from analysts, with four sell ratings, one hold rating, and one strong buy rating.
• The company's stock has seen a 3.2% decline recently, and it trades between a fifty-two week low of $6.69 and a high of $11.50.
• In its latest earnings report, A.P. Moller-Maersk reported an earnings per share of $0.20, beating expectations, with revenue of $13.13 billion.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) has been given a consensus recommendation of "Reduce" by the six analysts that are currently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a strong buy rating on the company.

AMKBY has been the subject of several research reports. BNP Paribas Exane downgraded shares of A.P. Moller-Maersk from a "neutral" rating to an "underperform" rating in a report on Wednesday, September 17th. Hsbc Global Res upgraded shares of A.P. Moller-Maersk to a "strong-buy" rating in a research note on Monday, September 29th. Morgan Stanley restated an "underweight" rating on shares of A.P. Moller-Maersk in a research note on Friday, August 8th. Citigroup restated a "neutral" rating on shares of A.P. Moller-Maersk in a research note on Friday, August 8th. Finally, BNP Paribas downgraded shares of A.P. Moller-Maersk to a "strong sell" rating in a research note on Wednesday, September 17th.

A.P. Moller-Maersk Stock Down 3.2%

A.P. Moller-Maersk stock opened at $9.88 on Wednesday. A.P. Moller-Maersk has a fifty-two week low of $6.69 and a fifty-two week high of $11.50. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.96 and a current ratio of 2.06. The firm has a 50 day moving average price of $10.28 and a 200 day moving average price of $9.58. The company has a market capitalization of $31.28 billion, a PE ratio of 4.51 and a beta of 1.02.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last posted its earnings results on Thursday, August 7th. The transportation company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.06. A.P. Moller-Maersk had a net margin of 12.11% and a return on equity of 12.33%. The firm had revenue of $13.13 billion during the quarter, compared to the consensus estimate of $12.34 billion. Research analysts expect that A.P. Moller-Maersk will post 0.41 earnings per share for the current year.

A.P. Moller-Maersk Company Profile

A.P. Møller - Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.

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