Atlas Copco (ATLKY) Projected to Post Earnings on Tuesday

Atlas Copco (OTCMKTS:ATLKY) is expected to post its results before the market opens on Tuesday, January 27th. Analysts expect Atlas Copco to post earnings of $0.15 per share for the quarter.

Atlas Copco (OTCMKTS:ATLKY) last announced its quarterly earnings data on Thursday, October 23rd. The industrial products company reported $0.14 earnings per share for the quarter, meeting the consensus estimate of $0.14. The firm had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.42 billion. Atlas Copco had a return on equity of 25.42% and a net margin of 16.08%. On average, analysts expect Atlas Copco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Atlas Copco Stock Performance

ATLKY opened at $21.29 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.09 and a current ratio of 1.52. Atlas Copco has a 52-week low of $13.41 and a 52-week high of $21.43. The firm has a market cap of $103.79 billion, a P/E ratio of 38.02, a price-to-earnings-growth ratio of 10.05 and a beta of 1.40. The business’s fifty day moving average is $18.21 and its 200-day moving average is $17.15.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. UBS Group downgraded shares of Atlas Copco to a “sell” rating in a research note on Tuesday, October 28th. Barclays upgraded shares of Atlas Copco from a “hold” rating to an “overweight” rating in a research report on Wednesday, December 3rd. Citigroup restated a “buy” rating on shares of Atlas Copco in a research report on Thursday. Sanford C. Bernstein raised Atlas Copco from a “hold” rating to an “outperform” rating in a report on Wednesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Atlas Copco in a report on Friday, January 16th. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Atlas Copco Company Profile

Atlas Copco is a Sweden-based industrial group that develops, manufactures and services equipment and solutions for professional customers in a broad range of industries. The company’s core activities center on compressed air and gas systems, vacuum solutions, construction and mining equipment, industrial tools and assembly systems, and power and flow equipment. Products and services span new-equipment sales, aftermarket parts, maintenance and technical support aimed at improving productivity, energy efficiency and safety for industrial operations.

Key product categories include stationary and portable air compressors, air treatment and gas generation systems, industrial vacuum pumps, generators and light towers, drilling rigs and rock excavation equipment for mining and construction, as well as electric and pneumatic tools and automated assembly systems for manufacturing.