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

Shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) have been given an average rating of “Reduce” by the twelve analysts that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a buy recommendation to the company.

Several analysts have weighed in on the stock. JPMorgan Chase & Co. cut shares of A.P. Møller – Mærsk A/S from an “overweight” rating to a “neutral” rating in a research note on Thursday, January 4th. Jefferies Financial Group raised A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a report on Friday, January 5th. 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. BNP Paribas lowered A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a research note on Thursday, January 11th. Finally, Sanford C. Bernstein began 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

A.P. Møller – Mærsk A/S stock opened at $6.79 on Friday. The business has a 50 day simple moving average of $6.99 and a 200 day simple moving average of $8.02. A.P. Møller – Mærsk A/S has a one year low of $6.26 and a one year high of $10.60. The company has a market capitalization of $25.40 billion, a PE ratio of 6.12 and a beta of 1.31. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.50 and a quick ratio of 2.37.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its earnings results on Thursday, February 8th. The transportation company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.17) by $0.03. The company had revenue of $11.74 billion for the quarter, compared to the consensus estimate of $11.32 billion. A.P. Møller – Mærsk A/S had a net margin of 7.48% and a negative return on equity of 0.22%. On average, sell-side analysts forecast that A.P. Møller – Mærsk A/S will post 0.23 EPS 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. Stockholders of record on Monday, March 18th were given a dividend of $0.2412 per share. The ex-dividend date was Friday, March 15th. A.P. Møller – Mærsk A/S’s payout ratio is currently 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.