A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) – Stock analysts at Jefferies Financial Group dropped their FY2021 earnings per share (EPS) estimates for A.P. Møller – Mærsk A/S in a research report issued on Wednesday, February 10th. Jefferies Financial Group analyst D. Kerstens now expects that the transportation company will post earnings of $1.05 per share for the year, down from their previous estimate of $1.27. Jefferies Financial Group also issued estimates for A.P. Møller – Mærsk A/S’s FY2022 earnings at $0.98 EPS and FY2023 earnings at $1.03 EPS. A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last posted its quarterly earnings results on Wednesday, November 18th. The transportation company reported $0.27 earnings per share (EPS) for the quarter. A.P. Møller – Mærsk A/S had a net margin of 3.88% and a return on equity of 5.59%. The firm had revenue of $9.92 billion for the quarter, compared to analyst estimates of $10.37 billion.
Several other analysts have also issued reports on AMKBY. BNP Paribas lowered shares of A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a research report on Wednesday, January 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of A.P. Møller – Mærsk A/S in a report on Thursday, January 14th. Credit Suisse Group reiterated an “outperform” rating on shares of A.P. Møller – Mærsk A/S in a report on Monday, November 23rd. Berenberg Bank upgraded shares of A.P. Møller – Mærsk A/S from a “sell” rating to a “buy” rating in a report on Tuesday, January 12th. Finally, Nordea Equity Research downgraded shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “sell” rating in a report on Monday, February 8th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company. A.P. Møller – Mærsk A/S presently has a consensus rating of “Buy” and an average price target of $12.00.
Fortunes will be made and lost in 2021 – and you likely have just weeks to decide which side you’ll be on.
OTCMKTS AMKBY opened at $10.38 on Monday. The company has a current ratio of 1.27, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The firm’s fifty day moving average price is $11.31 and its two-hundred day moving average price is $9.14. A.P. Møller – Mærsk A/S has a 1 year low of $3.54 and a 1 year high of $12.38. The firm has a market capitalization of $41.58 billion, a P/E ratio of 27.31 and a beta of 1.32.
About A.P. Møller – Mærsk A/S
A.P. Møller – Mærsk A/S operates as an integrated transport and logistics company worldwide. The company’s Ocean segment engages in container shipping activities, including demurrage and detention, terminal handling, documentation services, container services, and container storage, as well as transhipment services under Maersk Line, Safmarine, Sealand Â- A Maersk Company, Hamburg Süd, and APM Terminal brands.
Featured Article: What is a portfolio manager?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
7 Things You Need To Know About Cryptocurrency
The Cryptocurrency Market Is About To Boil Over
The cryptocurrency was quiet for years, but it’s starting to boil over once again. With the price of Bitcoin up 550%, it certainly seems like the sky is the limit.
Whether or not you choose to trade Bitcoin or any other cryptocurrency, it is important to understand what it is and the trends driving it.
The bottom line, however, is that the world’s money is flowing onto the blockchain, and the use of cryptocurrency is growing at an exponential rate.
