A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Given Consensus Recommendation of “Reduce” by Analysts

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has been given a consensus recommendation of “Reduce” by the twelve analysts that are presently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and three have issued a buy recommendation on the company.

A number of research analysts recently issued reports on AMKBY shares. Sanford C. Bernstein started coverage on A.P. Møller – Mærsk A/S in a report on Wednesday, February 21st. They set an “underperform” rating on the stock. BNP Paribas lowered shares of A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a research note on Thursday, January 11th. Jefferies Financial Group upgraded shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a report on Friday, January 5th. JPMorgan Chase & Co. cut A.P. Møller – Mærsk A/S from an “overweight” rating to a “neutral” rating in a report on Thursday, January 4th. Finally, 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.

A.P. Møller – Mærsk A/S Trading Up 1.3 %

Shares of OTCMKTS:AMKBY opened at $6.79 on Friday. The company has a 50 day moving average of $6.99 and a 200-day moving average of $8.02. The company has a current ratio of 2.50, a quick ratio of 2.37 and a debt-to-equity ratio of 0.08. The firm has a market cap of $25.40 billion, a P/E ratio of 6.12 and a beta of 1.31. A.P. Møller – Mærsk A/S has a twelve month low of $6.26 and a twelve month high of $10.60.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its earnings results on Thursday, February 8th. The transportation company reported ($0.14) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.03. A.P. Møller – Mærsk A/S had a negative return on equity of 0.22% and a net margin of 7.48%. The firm had revenue of $11.74 billion during the quarter, compared to the consensus estimate of $11.32 billion. As a group, analysts anticipate 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 firm also recently announced a dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Monday, March 18th were issued a $0.2412 dividend. The ex-dividend date was Friday, March 15th. A.P. Møller – Mærsk A/S’s payout ratio is currently 21.62%.

About A.P. Møller – Mærsk A/S

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.