According to Bloomberg Ratings, the eight research firms following AptarGroup, INC (NYSE: ATR) have given the company’s stock a “Moderate Buy.” This information came from Bloomberg Ratings, which can be found online.
Two different analysts specializing in equity research have given their recommendations to buy the stock, bringing the total number of buy recommendations for the stock up to four.
The price target of $122.33 that has been set by brokerages that have offered ratings on the company in the preceding year is the average price target that has been set for the next twelve months.
On Friday, February 17, AptarGroup (NYSE: ATR) shared its most recent quarterly results report with the investing community.
A $0.92 earnings per share figure was reported for the quarter by the manufacturer of industrial goods, which is $0.13 more than the average prediction of $0.79 per share.
The return on equity for AptarGroup was calculated to be 12.78%, and the net margin for the company was calculated to be 7.20%.
The revenue for the quarter came in at $795.91 million, which was significantly higher than the estimate that analysts had for the quarter, which was $775.57 million. Compared to the previous year’s results for the same quarter, the company’s earnings per share came in at $0.93.
The company’s quarterly sales experienced a decrease of 2.2% when compared to the same quarter in the previous year’s financial year.
According to the projections made by market analysts, earnings of $3.86 per share are anticipated to be generated by AptarGroup in the current fiscal year.
The NYSE: ATR stock began trading on Thursday for $111.38 per share.
AptarGroup achieved a one-year high of $122.30 and a one-year low of $90.23 during the period covered by this report.
The debt-to-equity ratio was calculated to be 0.51, the quick ratio was calculated to be 1.03, and the current ratio was calculated to be 1.56.
The company’s market capitalization is estimated to be $7.28 billion, and it possesses a price-to-earnings ratio of 31.11, an earnings-per-share growth rate of 4.17, and a beta value of 0.63.
The moving average for the stock over the past 50 days is $113.87, and the moving average for the past 200 days comes in at $106.64, respectively.
The opinions of many analysts who focus on equity research have been presented on the subject of ATR stock.
TheStreet upgraded AptarGroup’s rating from “c+” to “b-” in a report made available to the public on January 17.
Previously, AptarGroup had been given a rating of “c+.” The price objective that Deutsche Bank Aktiengesellschaft has set for AptarGroup shares has increased from $125.00 to $130.00 due to a report released on February 21.
In addition, they upgraded the recommendation they had previously given for the stock from “buy” to “strong buy.” Robert W.
Baird raised their price target for AptarGroup stock and upgraded the company’s rating from “neutral” to “outperform” in a research note published on February 21.
The note also reaffirmed that the firm’s “outperform” rating applies to AptarGroup.
The rating of AptarGroup was changed from “hold” to “buy” on February 28, signaling a bullish sentiment for the company from StockNews.com. Wells Fargo & Company changed their rating for AptarGroup from “underweight” to “overweight” and raised their price objective on the stock from $121.00 to $132.00 in a research note published on February 21.
Additionally, the business recently announced a quarterly dividend, which was paid out on February 23. On Friday, February 3, 2018, a dividend payment to shareholders of record on Thursday, February 2, was made for $0.38.
After the February 1 cutoff date, payments of this dividend started being made to shareholders.
This translates to a yield of 1.36 percent and an annual dividend payment of 1.52 dollars from the company.
The dividend payout ratio (also known as DPR) for AptarGroup is currently calculated to be 42.46%.
On February 21, Robert Kuhn, who serves as the Chief Financial Officer of AptarGroup, sold 64,560 shares of the company’s stock.
Another bit of information about AptarGroup has been recently discovered.
The transaction that resulted in a total of $7,362,422.40 was $114.04 per share, the average price paid for the shares.
The price paid per share for the transaction was $114.04. Following the completion of the acquisition, the chief financial officer has gained a direct ownership interest in a total of 54,044 shares of the company’s stock, which have an approximate market value of $6,163,177.76 at present. You will be able to acquire additional information regarding the transaction if you click on the link that has been provided for you.
This link will take you to an official Securities and Exchange Commission document. On February 21, Maritza Gomez Montiel, a company director, sold 1,500 shares of the business’s stock.
The total value of the sold shares was $172,005.00, equating to $114.67 for each share individually.
As a direct consequence of the transaction, the director is now the owner of 4,024 shares of the company.
The total value of these shares is approximately $461,432.08, so the director’s wealth has increased by that amount.
The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed by following the link in the previous sentence.
The documentation was provided to the SEC. On the same day, February 21, the company’s Chief Financial Officer, Robert Kuhn, sold 64,560 shares of the company’s stock.
The transaction that resulted in a total of $7,362,422.40 was $114.04 per share, the average price paid for the shares.
The price paid per share for the transaction was $114.04.
As a direct result of the transaction, the chief financial officer now owns a total of 54,044 shares in the company.
These shares have a value of approximately $6,163,177.76 each, based on the underlying stock’s current price.
Disclosures related to the sale might be found in this website section. Currently, corporate insiders hold personal accounts comprising 1.20 percent of the company’s total stock.
Discussion about this post