A.P. Moller-Maersk (OTCMKTS:AMKBY) Receives Average Recommendation of “Reduce” from Analysts

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY) have received a consensus rating of “Reduce” from the six ratings firms that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and one has issued a strong buy recommendation on the company.

A number of research firms have issued reports on AMKBY. Morgan Stanley restated an “underweight” rating on shares of A.P. Moller-Maersk in a report on Friday, August 8th. Citigroup restated a “neutral” rating on shares of A.P. Moller-Maersk in a report on Friday, August 8th. BNP Paribas Exane lowered shares of A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a report on Wednesday, September 17th. Hsbc Global Res upgraded shares of A.P. Moller-Maersk to a “strong-buy” rating in a report on Monday, September 29th. Finally, BNP Paribas lowered shares of A.P. Moller-Maersk to a “strong sell” rating in a report on Wednesday, September 17th.

A.P. Moller-Maersk Price Performance

A.P. Moller-Maersk stock opened at $10.62 on Wednesday. A.P. Moller-Maersk has a 52 week low of $6.69 and a 52 week high of $11.50. The company has a quick ratio of 1.96, a current ratio of 2.06 and a debt-to-equity ratio of 0.07. The firm’s 50-day simple moving average is $10.20 and its 200 day simple moving average is $9.70. The firm has a market capitalization of $33.62 billion, a PE ratio of 4.85 and a beta of 1.02.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last released its earnings results on Thursday, August 7th. The transportation company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.06. The company had revenue of $13.13 billion for the quarter, compared to analyst estimates of $12.34 billion. A.P. Moller-Maersk had a net margin of 12.11% and a return on equity of 12.33%. On average, equities research analysts predict that A.P. Moller-Maersk will post 0.41 EPS for the current fiscal year.

About A.P. Moller-Maersk

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.