Aperam (APEMY) Expected to Announce Earnings on Friday

Key Points

• Aperam is expected to report quarterly earnings before the market opens Friday, November 6. Analysts forecast earnings of $0.4126 per share on revenue of approximately $1.77 billion.
• The stock opened at $39.53 and remains well below its 52-week high of $61.65, with a market capitalization of $2.89 billion.
• Analyst sentiment is mixed, resulting in a consensus “Hold” rating: three analysts rate the stock Buy, three Hold, and one Sell.

Aperam (OTCMKTS:APEMY - Get Free Report) is expected to announce its results before the market opens on Friday, November 6th. Analysts expect Aperam to post earnings of $0.4126 per share and revenue of $1.77 billion for the quarter.

Aperam Stock Performance

Shares of APEMY opened at $39.53 on Friday. The firm has a market capitalization of $2.89 billion, a PE ratio of 33.19 and a beta of 1.34. The company has a quick ratio of 0.55, a current ratio of 1.63 and a debt-to-equity ratio of 0.34. The firm has a 50-day moving average price of $48.88 and a 200 day moving average price of $49.72. Aperam has a 52-week low of $35.30 and a 52-week high of $61.65.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Aperam in a research note on Friday, September 4th. Zacks Research cut shares of Aperam from a "strong-buy" rating to a "hold" rating in a report on Monday, October 12th. Finally, BNP Paribas Exane lowered shares of Aperam from a "hold" rating to a "strong sell" rating in a research note on Wednesday, July 8th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold".

About Aperam

Aperam SA is a Luxembourg-based producer of stainless and specialty steel products. The company manufactures a broad range of stainless steel, electrical steel and specialty alloys for applications in industries such as automotive, construction, engineering, energy, food processing and consumer goods.

Its product portfolio includes flat and long stainless steel products, precision and specialty materials, and high-performance alloys designed for demanding industrial uses. Aperam also provides processing, distribution and technical services through its services and solutions activities.

The company has an integrated industrial and commercial presence across Europe and Brazil, with additional international sales coverage.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.