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

Key Points

• Analysts have a consensus “Reduce” rating on A.P. Moller-Maersk, with five sell ratings, six holds and two strong buys among 13 analysts. Goldman Sachs and UBS recently downgraded the stock to sell, while Wolfe Research and Nordea upgraded it to hold.
• AMKBY shares opened at $17.18, down 1.6%, and remain near their 52-week high of $18.76. The company has a $54.39 billion market capitalization and a P/E ratio of 22.03.
• Maersk exceeded quarterly expectations, reporting $0.45 EPS versus the $0.14 consensus and revenue of $15.76 billion versus estimates of $14.07 billion. Analysts expect full-year EPS of $2.90.

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) have been given a consensus recommendation of "Reduce" by the thirteen analysts that are currently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a sell recommendation, six have given a hold recommendation and two have issued a strong buy recommendation on the company.

A number of analysts recently weighed in on AMKBY shares. Wolfe Research upgraded A.P. Moller-Maersk from a "strong sell" rating to a "hold" rating in a research report on Tuesday, September 8th. 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. The Goldman Sachs Group downgraded shares of A.P. Moller-Maersk from a "hold" rating to a "sell" rating in a research note on Thursday, October 22nd. Morgan Stanley restated an "underweight" rating on shares of A.P. Moller-Maersk in a report on Friday, September 4th. Finally, UBS Group cut shares of A.P. Moller-Maersk from a "hold" rating to a "sell" rating in a research note on Wednesday, October 21st.

A.P. Moller-Maersk Stock Down 1.6%

Shares of OTCMKTS:AMKBY opened at $17.18 on Friday. A.P. Moller-Maersk has a 52-week low of $9.32 and a 52-week high of $18.76. The firm has a fifty day moving average of $17.59 and a 200 day moving average of $13.83. The firm has a market capitalization of $54.39 billion, a PE ratio of 22.03 and a beta of 0.71. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.90 and a current ratio of 2.03.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The transportation company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.31. A.P. Moller-Maersk had a return on equity of 4.39% and a net margin of 4.08%. The firm had revenue of $15.76 billion during the quarter, compared to analyst estimates of $14.07 billion. As a group, research analysts anticipate that A.P. Moller-Maersk will post 2.90 EPS for the current fiscal year.

A.P. Moller-Maersk Company Profile

A.P. Moller-Maersk A/S is a Danish global transportation and logistics company founded in 1904 by Arnold Peter Møller. The company is best known for its container shipping operations, conducted through the Maersk brand, and provides ocean transportation services linking manufacturers, suppliers, retailers and consumers across major global trade routes.

In addition to shipping, Maersk offers integrated logistics services, including freight forwarding, warehousing, customs services, supply-chain management and air freight.

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