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

Key Points

• A.P. Moller-Maersk holds a consensus “Reduce” rating among 13 analysts: four recommend selling, eight advise holding, and one rates it a strong buy. Several firms recently upgraded the stock from sell-related ratings to “Hold.”
• AMKBY shares opened at $17.27, near their 52-week high of $18.02, with a market capitalization of approximately $54.67 billion and a price-to-earnings ratio of 22.14.
• The company reported quarterly EPS of $0.45, beating the $0.14 consensus estimate, while revenue of $15.76 billion exceeded forecasts of $14.07 billion. Analysts expect full-year EPS of about $2.20.

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) have earned an average rating of "Reduce" from the thirteen research firms that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and one has assigned a strong buy recommendation to the company.

AMKBY has been the topic of a number of recent analyst reports. Citigroup restated a "neutral" rating on shares of A.P. Moller-Maersk in a research note on Monday, August 17th. Nordea Equity Research raised shares of A.P. Moller-Maersk from a "sell" rating to a "hold" rating in a report on Friday, August 14th. Wolfe Research raised A.P. Moller-Maersk from a "strong sell" rating to a "hold" rating in a research report on Tuesday. The Goldman Sachs Group upgraded A.P. Moller-Maersk from a "sell" rating to a "hold" rating in a research note on Friday, July 3rd. Finally, Fearnley Fonds raised A.P. Moller-Maersk from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 11th.

A.P. Moller-Maersk Price Performance

Shares of AMKBY stock opened at $17.27 on Friday. A.P. Moller-Maersk has a fifty-two week low of $9.23 and a fifty-two week high of $18.02. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.85 and a current ratio of 2.03. The firm has a market capitalization of $54.67 billion, a price-to-earnings ratio of 22.14 and a beta of 0.73. The stock's 50-day simple moving average is $14.56 and its 200-day simple moving average is $13.15.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The transportation company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.14 by $0.31. The firm had revenue of $15.76 billion during the quarter, compared to analyst estimates of $14.07 billion. A.P. Moller-Maersk had a net margin of 4.08% and a return on equity of 4.39%. As a group, equities analysts forecast that A.P. Moller-Maersk will post 2.2 earnings per share for the current fiscal year.

About A.P. Moller-Maersk

A.P. Moller-Maersk A/S is a Danish integrated logistics and transportation company that provides services across global supply chains. Its activities include container shipping, port and terminal operations, logistics, freight forwarding, customs services, warehousing and distribution. Through its ocean business, Maersk transports manufactured goods, commodities and other cargo between major markets worldwide.

The company also provides end-to-end supply chain solutions, including air and ocean freight, inland transportation, contract logistics and digital supply chain management services.

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