Atlas Copco (OTCMKTS:ATLKY - Get Free Report) issued its quarterly earnings results on Friday. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.14, Zacks reports. The business had revenue of $4.22 billion for the quarter, compared to the consensus estimate of $42.93 billion. Atlas Copco had a return on equity of 26.20% and a net margin of 16.22%.
Atlas Copco Stock Performance
Shares of OTCMKTS ATLKY traded up $0.62 during mid-day trading on Monday, hitting $15.94. The stock had a trading volume of 81,767 shares, compared to its average volume of 502,973. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.23 and a current ratio of 1.74. The company has a 50 day moving average of $16.35 and a two-hundred day moving average of $16.37. Atlas Copco has a twelve month low of $13.41 and a twelve month high of $19.65. The firm has a market cap of $77.68 billion, a PE ratio of 28.46, a PEG ratio of 18.12 and a beta of 1.35.
Analyst Upgrades and Downgrades
Separately, Redburn Atlantic downgraded Atlas Copco from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th.
Check Out Our Latest Stock Analysis on ATLKY
Atlas Copco Company Profile
(
Get Free Report)
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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