AptarGroup, Inc. (NYSE:ATR – Get Rating) has earned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $116.83.
A number of analysts have recently issued reports on ATR shares. StockNews.com started coverage on shares of AptarGroup in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Bank of America lowered their price objective on shares of AptarGroup from $123.00 to $112.00 in a report on Thursday, October 13th. Morgan Stanley decreased their target price on shares of AptarGroup from $120.00 to $110.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 18th. BMO Capital Markets started coverage on shares of AptarGroup in a research note on Monday, October 31st. They issued a “buy” rating and a $135.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of AptarGroup from $145.00 to $125.00 in a research note on Tuesday, July 19th.
Insiders Place Their Bets
In other AptarGroup news, insider Hedi Tlili sold 5,000 shares of AptarGroup stock in a transaction on Monday, August 15th. The shares were sold at an average price of $112.08, for a total transaction of $560,400.00. Following the completion of the transaction, the insider now directly owns 10,396 shares of the company’s stock, valued at $1,165,183.68. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, Director Matthew L. Trerotola acquired 3,170 shares of AptarGroup stock in a transaction on Thursday, November 3rd. The stock was purchased at an average cost of $94.48 per share, with a total value of $299,501.60. Following the completion of the transaction, the director now directly owns 4,378 shares in the company, valued at approximately $413,633.44. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, insider Hedi Tlili sold 5,000 shares of AptarGroup stock in a transaction on Monday, August 15th. The stock was sold at an average price of $112.08, for a total transaction of $560,400.00. Following the transaction, the insider now directly owns 10,396 shares of the company’s stock, valued at $1,165,183.68. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.
Institutional Investors Weigh In On AptarGroup
AptarGroup Stock Performance
Shares of ATR stock opened at $102.33 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.04 and a current ratio of 1.56. AptarGroup has a 52 week low of $90.23 and a 52 week high of $135.81. The company has a market capitalization of $6.68 billion, a P/E ratio of 28.91, a price-to-earnings-growth ratio of 3.90 and a beta of 0.64. The company’s 50 day moving average price is $99.12 and its two-hundred day moving average price is $103.42.
AptarGroup (NYSE:ATR – Get Rating) last posted its quarterly earnings data on Friday, October 28th. The industrial products company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.01. AptarGroup had a net margin of 7.12% and a return on equity of 13.02%. The company had revenue of $836.90 million for the quarter, compared to the consensus estimate of $838.49 million. During the same period last year, the company earned $0.94 earnings per share. The firm’s revenue was up 1.4% compared to the same quarter last year. On average, analysts expect that AptarGroup will post 3.68 earnings per share for the current fiscal year.
AptarGroup Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 16th. Shareholders of record on Wednesday, October 26th will be given a dividend of $0.38 per share. The ex-dividend date is Tuesday, October 25th. This represents a $1.52 dividend on an annualized basis and a yield of 1.49%. AptarGroup’s dividend payout ratio (DPR) is 42.94%.
AptarGroup Company Profile
AptarGroup, Inc provides a range of dispensing, sealing, and material science solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Pharma, Beauty + Home, and Food + Beverage.
- Get a free copy of the StockNews.com research report on AptarGroup (ATR)
- Vision Hydrogen, Now Vision Energy, Puts Hopes In Stock Split
- Hanesbrands May be Signaling a Bad Week for Retail Stocks
- Coupang Stock And Why You Should Care
- This Is No Time To Buy D.R. Horton Stock
- Tightly Held Wendy’s Is Undervalued
Receive News & Ratings for AptarGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AptarGroup and related companies with MarketBeat.com's FREE daily email newsletter.