A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Receives Consensus Recommendation of “Reduce” from Brokerages

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has received an average rating of “Reduce” from the twelve research firms that are covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company.

AMKBY has been the topic of a number of analyst reports. The Goldman Sachs Group raised A.P. Møller – Mærsk A/S from a “sell” rating to a “neutral” rating in a research note on Tuesday, January 2nd. Jefferies Financial Group upgraded A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a report on Friday, January 5th. BNP Paribas lowered A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a report on Thursday, January 11th. JPMorgan Chase & Co. lowered A.P. Møller – Mærsk A/S from an “overweight” rating to a “neutral” rating in a report on Thursday, January 4th. Finally, Sanford C. Bernstein initiated coverage on A.P. Møller – Mærsk A/S in a report on Wednesday, February 21st. They issued an “underperform” rating for the company.

A.P. Møller – Mærsk A/S Price Performance

Shares of A.P. Møller – Mærsk A/S stock opened at $6.80 on Friday. A.P. Møller – Mærsk A/S has a 52 week low of $6.26 and a 52 week high of $10.60. The company has a quick ratio of 2.37, a current ratio of 2.50 and a debt-to-equity ratio of 0.08. The stock’s 50-day simple moving average is $7.09 and its 200-day simple moving average is $8.05. The company has a market capitalization of $25.42 billion, a price-to-earnings ratio of 6.12 and a beta of 1.31.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its quarterly earnings data on Thursday, February 8th. The transportation company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.03. The company had revenue of $11.74 billion for the quarter, compared to analysts’ expectations of $11.32 billion. A.P. Møller – Mærsk A/S had a negative return on equity of 0.22% and a net margin of 7.48%. As a group, analysts expect that A.P. Møller – Mærsk A/S will post 0.23 earnings per share for the current fiscal year.

A.P. Møller – Mærsk A/S Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 3rd. Investors of record on Monday, March 18th were given a $0.2412 dividend. The ex-dividend date of this dividend was Friday, March 15th. A.P. Møller – Mærsk A/S’s payout ratio is 21.62%.

A.P. Møller – Mærsk A/S Company Profile

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.