A.P. Moller-Maersk (OTCMKTS:AMKBY) Given Consensus Recommendation of "Strong Sell" by Brokerages

Key Points

• A.P. Moller-Maersk currently has a consensus rating of "Strong Sell" from six research firms, with four analysts recommending a sell and two a hold.
• The company's stock price has recently traded at $10.87, reflecting a 1.5% increase during mid-day trading, with a market capitalization of approximately $34.41 billion.
• A.P. Moller-Maersk reported quarterly earnings of $0.37 EPS, surpassing estimates, and generating $13.32 billion in revenue against the expected $12.73 billion.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) has been given an average rating of "Strong Sell" by the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a sell recommendation and two have given a hold recommendation to the company.

Several analysts have recently issued reports on AMKBY shares. Fearnley Fonds cut A.P. Moller-Maersk from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, April 22nd. Morgan Stanley restated an "underweight" rating on shares of A.P. Moller-Maersk in a report on Friday. Finally, Citigroup restated a "neutral" rating on shares of A.P. Moller-Maersk in a report on Friday.

A.P. Moller-Maersk Stock Performance

Shares of A.P. Moller-Maersk stock traded up $0.04 during trading hours on Friday, reaching $11.47. 43,040 shares of the stock traded hands, compared to its average volume of 203,722. The company has a 50 day moving average price of $9.76 and a 200 day moving average price of $8.94. The firm has a market capitalization of $36.31 billion, a price-to-earnings ratio of 5.24 and a beta of 1.07. A.P. Moller-Maersk has a one year low of $6.69 and a one year high of $11.50. The company has a quick ratio of 2.05, a current ratio of 2.14 and a debt-to-equity ratio of 0.07.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The transportation company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.06. A.P. Moller-Maersk had a return on equity of 12.34% and a net margin of 12.11%. The company had revenue of $13.13 billion for the quarter, compared to analysts' expectations of $12.34 billion. On average, equities research analysts expect that A.P. Moller-Maersk will post 0.41 earnings per share for the current fiscal year.

About A.P. Moller-Maersk

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.