A.P. Moller-Maersk (OTCMKTS:AMKBY) Stock Now Rated "Reduce" by Sell-Side Brokerages

Key Points

• Analyst sentiment is bearish: Eleven firms give A.P. Moller-Maersk an average “Reduce” rating, including three sells, seven holds and one strong buy.
• The stock has risen significantly: AMKBY opened at $18.04, near its 52-week high of $18.33, with its 50-day and 200-day moving averages at $16.30 and $13.74, respectively.
• Recent results exceeded expectations: The company reported quarterly EPS of $0.45 versus a $0.14 consensus estimate and revenue of $15.76 billion versus expectations of $14.07 billion.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) has been given an average rating of "Reduce" by the eleven ratings firms that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a strong buy rating on the company.

AMKBY has been the topic of a number of recent analyst reports. Nordea Equity Research upgraded shares of A.P. Moller-Maersk from a "sell" rating to a "hold" rating in a research report on Friday, August 14th. Wolfe Research upgraded shares of A.P. Moller-Maersk from a "strong sell" rating to a "hold" rating in a research note on Tuesday, September 8th. Fearnley Fonds raised A.P. Moller-Maersk from a "hold" rating to a "strong-buy" rating in a report on Monday, September 21st. Morgan Stanley reaffirmed an "underweight" rating on shares of A.P. Moller-Maersk in a report on Friday, September 4th. Finally, Citigroup reissued a "neutral" rating on shares of A.P. Moller-Maersk in a research note on Tuesday, September 29th.

A.P. Moller-Maersk Stock Performance

AMKBY opened at $18.04 on Wednesday. The stock has a market cap of $57.11 billion, a PE ratio of 23.13 and a beta of 0.71. The company has a current ratio of 2.03, a quick ratio of 1.90 and a debt-to-equity ratio of 0.09. A.P. Moller-Maersk has a 1 year low of $9.23 and a 1 year high of $18.33. The stock's 50 day simple moving average is $16.30 and its 200-day simple moving average is $13.74.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last issued its earnings results on Thursday, August 13th. The transportation company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.14 by $0.31. The firm had revenue of $15.76 billion during the quarter, compared to analysts' expectations of $14.07 billion. A.P. Moller-Maersk had a return on equity of 4.39% and a net margin of 4.08%. Sell-side analysts forecast that A.P. Moller-Maersk will post 2.52 EPS for the current year.

A.P. Moller-Maersk Company Profile

A.P. Moller-Maersk A/S is a Danish integrated logistics and transportation company headquartered in Copenhagen. Founded in 1904 by A.P. Møller, the company has developed from a shipping business into a global provider of end-to-end supply-chain services.

Maersk's principal business is ocean transportation, connecting customers and markets through container shipping services. The company also operates port terminals and provides logistics services, including warehousing, customs support, inland transportation, air freight and supply-chain management.

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