Atlas Copco (ATLKY) to Release Earnings on Wednesday

Key Points

• Atlas Copco is set to release its earnings report on October 22nd, with analysts predicting an earnings of $0.13 per share for the quarter.
• The company reported $0.14 earnings per share in its last quarterly earnings, meeting analysts' expectations, and has seen a net margin of 16.22%.
• BNP Paribas has upgraded Atlas Copco's rating from "hold" to "outperform," contributing to an average rating of "Moderate Buy" among analysts.

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) will likely be posting its results before the market opens on Wednesday, October 22nd. Analysts expect Atlas Copco to post earnings of $0.13 per share for the quarter.

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last posted its quarterly earnings data on Friday, July 18th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.14. Atlas Copco had a net margin of 16.22% and a return on equity of 26.14%. The business had revenue of $4.22 billion during the quarter, compared to the consensus estimate of $42.93 billion. On average, analysts expect Atlas Copco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Atlas Copco Stock Performance

OTCMKTS ATLKY opened at $17.40 on Wednesday. Atlas Copco has a 52-week low of $13.41 and a 52-week high of $18.85. The company has a 50-day simple moving average of $16.53 and a 200 day simple moving average of $16.13. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.09 and a current ratio of 1.55. The company has a market capitalization of $84.83 billion, a PE ratio of 31.07, a price-to-earnings-growth ratio of 9.13 and a beta of 1.41.

Analysts Set New Price Targets

Separately, BNP Paribas upgraded shares of Atlas Copco from a "hold" rating to an "outperform" rating in a research report on Thursday, September 4th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy".

Atlas Copco Company Profile

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.

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