Atlas Copco (OTCMKTS:ATLKY) Posts Earnings Results, Hits Estimates

Key Points

• Quarterly results: Atlas Copco reported EPS of $0.14, matching analysts' consensus, with a 24.94% return on equity and a 15.7% net margin; the stock was down about 2.2% on the news.
• Valuation and trading: Shares opened at $20.35 with a market capitalization of $99.12 billion, a P/E of 37.0 and a 52‑week range of $14.89–$22.05.
• Analyst outlook: Broker ratings are mixed—one Strong Buy, four Buy, three Hold and one Sell—giving a MarketBeat consensus rating of "Moderate Buy" after several recent upgrades and a downgrade.

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) posted its quarterly earnings data on Tuesday. The industrial products company reported $0.14 EPS for the quarter, hitting analysts' consensus estimates of $0.14, Zacks reports. Atlas Copco had a return on equity of 24.94% and a net margin of 15.70%.

Atlas Copco Stock Down 2.2%

Shares of ATLKY opened at $20.35 on Tuesday. The company has a 50-day simple moving average of $19.37 and a 200-day simple moving average of $18.76. The firm has a market capitalization of $99.12 billion, a P/E ratio of 37.00, a P/E/G ratio of 2.70 and a beta of 1.47. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.08 and a current ratio of 1.55. Atlas Copco has a 52 week low of $14.89 and a 52 week high of $22.05.

Analysts Set New Price Targets

ATLKY has been the topic of a number of recent analyst reports. Pareto Securities lowered Atlas Copco from a "buy" rating to a "hold" rating in a research note on Tuesday, January 27th. Sanford C. Bernstein upgraded Atlas Copco from a "hold" rating to an "outperform" rating in a research note on Wednesday, January 7th. Rothschild & Co Redburn upgraded Atlas Copco from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 20th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Atlas Copco in a research note on Friday, January 16th. Finally, Citigroup reiterated a "buy" rating on shares of Atlas Copco in a research note on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy".

Atlas Copco Company Profile

Atlas Copco is a Sweden-based industrial group that develops, manufactures and services equipment and solutions for professional customers in a broad range of industries. The company's core activities center on compressed air and gas systems, vacuum solutions, construction and mining equipment, industrial tools and assembly systems, and power and flow equipment. Products and services span new-equipment sales, aftermarket parts, maintenance and technical support aimed at improving productivity, energy efficiency and safety for industrial operations.

Key product categories include stationary and portable air compressors, air treatment and gas generation systems, industrial vacuum pumps, generators and light towers, drilling rigs and rock excavation equipment for mining and construction, as well as electric and pneumatic tools and automated assembly systems for manufacturing.

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