A.P. Moller-Maersk (OTCMKTS:AMKBY) Given Consensus Recommendation of “Reduce” by Analysts

A.P. Moller-Maersk (OTCMKTS:AMKBY) has been assigned an average recommendation of “Reduce” from the ten analysts that are covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a strong buy rating on the company.

Several analysts have commented on AMKBY shares. The Goldman Sachs Group downgraded shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research report on Wednesday, January 14th. Wolfe Research reiterated an “underperform” rating on shares of A.P. Moller-Maersk in a report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of A.P. Moller-Maersk in a report on Wednesday, December 17th. Bank of America downgraded A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research note on Friday, January 23rd. Finally, Citigroup reissued a “neutral” rating on shares of A.P. Moller-Maersk in a report on Thursday, November 13th.

A.P. Moller-Maersk Price Performance

AMKBY opened at $12.33 on Friday. The stock has a fifty day moving average price of $11.28 and a 200 day moving average price of $10.60. The company has a current ratio of 2.16, a quick ratio of 2.05 and a debt-to-equity ratio of 0.08. A.P. Moller-Maersk has a 1 year low of $6.69 and a 1 year high of $12.63. The stock has a market cap of $39.03 billion, a price-to-earnings ratio of 7.85 and a beta of 0.87.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last announced its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.20). A.P. Moller-Maersk had a net margin of 8.83% and a return on equity of 8.51%. The firm had revenue of $14.21 billion for the quarter, compared to analyst estimates of $13.44 billion. Analysts forecast that A.P. Moller-Maersk will post 0.41 EPS for the current fiscal year.

About A.P. Moller-Maersk

A.P. Moller-Maersk A/S is a Danish integrated transport and logistics company headquartered in Copenhagen. Operating under the Maersk brand worldwide, the group provides container shipping and end-to-end logistics services, combining ocean freight with land-based transportation, contract logistics, warehousing, and supply chain management for global shippers and manufacturers.

The company’s core activities include container shipping operations, terminal services through APM Terminals, and a growing logistics and services business that offers freight forwarding, customs brokerage, inland transportation and warehousing.