According to a report distributed to customers and investors on Thursday, research analysts at StockNews.com have begun covering shares of AptarGroup (NYSE: ATR).
This information was provided in the report.
The stock of the industrial products company was given a “buy” recommendation by the brokerage, which the brokerage issued.
On February 17, the most recent quarterly earnings report for AptarGroup, traded on the New York Stock Exchange under the symbol ATR, was made public.
The company that produces industrial goods had earnings per share (EPS) of $0.92 for the quarter, which is $0.13 higher than the industry analysts’ consensus estimate of $0.79 per share.
The net margin for AptarGroup was 7.20%, and the return on equity for the company came in at 12.78%.
The analysts’ quarterly sales projections ranged from $775.57 million to $795.91 million, with the average estimate falling somewhere in the middle.
The company reported a profit of $0.93 per share for the same period in the previous year’s financial statements. When compared to the same quarter in the previous year, this quarter’s revenue was down 2.2%.
Analysts who work on the sell side anticipate that AptarGroup will record earnings of $3.86 per share during the current fiscal year.
On Thursday, the NYSE ATR started trading for $111.38 per share.
AptarGroup reached its all-time high of $122.30 during its most recent 52-week period, while its 52-week low was $90.23.
The price of a share of the company’s stock is currently trading at $113.87 on the moving average for the past 50 days, and it is trading at $106.64 on the moving average for the past 200 days.
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 has a beta coefficient of 0.63, a market capitalization currently sitting at $7.28 billion, a P.E. ratio currently sitting at 31.11, and a PEG ratio currently sitting at 4.17.
Recent times have seen a rise in analysts providing their perspectives on ATR. Wells Fargo & Company upgraded AptarGroup from an “underweight” rating to an “equal weight” rating.
It raised its price target on the stock from $121.00 to $132.00 in a research report published on February 21. Robert W.
Baird raised their price target on AptarGroup shares from $105.00 to $115.00 and upgraded the company from a “neutral” rating to an “outperform” rating in a research report released on February 21.
The company’s rating to AptarGroup has been improved from a “c+” to a “b-,” according to a report released on Tuesday, January 17, by TheStreet.
AptarGroup was given a “buy” rating by Deutsche Bank Aktiengesellschaft in a research report published on Tuesday, February 21.
Additionally, Deutsche Bank Aktiengesellschaft raised its price objective on the stock from $125.00 to $130.00.
The report’s publication was an impetus for both strategic moves taken simultaneously. While two research experts recommend that investors keep their current position with the stock, four research analysts have rated the stock as a buy.
According to Bloomberg.com, the stock’s price target is $122.33, and the stock currently carries a rating of “Moderate Buy,” which is the consensus recommendation among analysts.
On February 21, the company’s Chief Financial Officer, Robert Kuhn, sold 64,560 shares of company stock.
This is another piece of news related to this topic.
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 result of the successful transaction completion, the chief financial officer now owns 54,044 shares in the company.
The current value of these shares, when traded on the market, is $6,163,177.76. One can access a document that provides additional information on the transaction by going to the Securities and Exchange Commission (SEC) website.
In other news about this topic, Chief Financial Officer Robert Kuhn disposed of a total of 64,560 shares of company stock on February 21.
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 result of the acquisition, the chief financial officer now directly owns 54,044 shares of the company’s stock, which together have a value of approximately $6,163,177.76.
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 February 21, Maritza Gomez Montiel, also a company director, sold 1,500 shares of the company’s stock.
This transaction took place on the same day.
It was determined that each share was sold at an average price of $114.67, which led to a total sale volume of $172,005.00.
The price at which each share was sold was determined to be.
The director was awarded 4,024 company stock shares after the transaction’s successful completion.
The total value of these shares is $461,432.08, making the director’s investment worthwhile.
Disclosures related to the sale might be found in this website section. 1.20 employed employees own a percent of the company’s total shares.
Recently, there has been a change in the perspective that hedge funds and other types of institutional investors take on the market. Rockefeller Capital Management L.P.
Increased the percentage of AptarGroup shares held in its portfolio by 76.3% during the third quarter. Rockefeller Capital Management L.P. now holds 328 shares of the industrial products company’s stock after purchasing an additional 142 shares.
Based on the stock’s current price, Rockefeller Capital Management L.P.’s stock holdings are worth $31,000.
During the last three months of 2018, Riverview Trust Company increased the percentage of AptarGroup shares it owned by 53.1 percent. Riverview Trust Company has increased its stake in the industrial products company by 375 since the end of the most recent fiscal quarter, bringing the total number of shares it owns to a total value of $41,000.
Through the third quarter, CWM LLC added 58.3 percentage points to its ownership in AptarGroup. Following the conclusion of the most recent fiscal quarter, CWM LLC became the proud owner of 551 shares of stock in the industrial goods company.
These shares have an estimated value of $52,000 as of the most recent accounting period’s end.
During the third quarter of the fiscal year, Ellevest INC increased the percentage of its holdings invested in AptarGroup by 107.5%. Following the acquisition of an additional 314 shares during the most recent fiscal quarter, Ellevest, INC now holds a total of 606 shares of the stock of the industrial goods company.
Each share of this stock has a market value of $58,000, and the company’s total holdings are worth $58,000.
During the third quarter, Financial Advocates Investment Management completed the purchase of a new investment in AptarGroup.
It was estimated that this new holding was worth approximately $58,000.
Institutional investors own the company’s stock 89.37%, and these investors have invested in the company.