A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Receives Consensus Recommendation of “Reduce” from Analysts

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has been given a consensus rating of “Reduce” by the seven research firms that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company.

A number of analysts have weighed in on AMKBY shares. JPMorgan Chase & Co. initiated coverage on shares of A.P. Møller – Mærsk A/S in a research report on Tuesday, September 10th. They set an “underweight” rating for the company. Wolfe Research lowered shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. Finally, UBS Group downgraded shares of A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research note on Thursday, October 17th.

A.P. Møller – Mærsk A/S Stock Performance

Shares of A.P. Møller – Mærsk A/S stock opened at $7.62 on Wednesday. The stock has a market cap of $28.52 billion, a price-to-earnings ratio of 14.95 and a beta of 1.17. The company has a quick ratio of 2.28, a current ratio of 2.41 and a debt-to-equity ratio of 0.09. A.P. Møller – Mærsk A/S has a twelve month low of $6.26 and a twelve month high of $10.53. The company’s fifty day moving average is $7.61 and its 200 day moving average is $7.90.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its quarterly earnings results on Wednesday, August 7th. The transportation company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. A.P. Møller – Mærsk A/S had a return on equity of 1.62% and a net margin of 2.16%. The firm had revenue of $12.77 billion for the quarter, compared to analyst estimates of $13.13 billion. Sell-side analysts forecast that A.P. Møller – Mærsk A/S will post 1.08 EPS for the current year.

A.P. Møller – Mærsk A/S Company Profile

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.