News stories about AptarGroup (NYSE:ATR) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AptarGroup earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 46.9503580757644 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- ATR Crosses Above Average Analyst Target (nasdaq.com)
- AptarGroup, Inc. (ATR) Receives Average Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- AptarGroup, Inc. (ATR) Expected to Announce Quarterly Sales of $583.57 Million (americanbankingnews.com)
- Brokerages Expect AptarGroup, Inc. (ATR) Will Post Earnings of $0.71 Per Share (americanbankingnews.com)
- ETFs with exposure to AptarGroup, Inc. : November 9, 2017 (finance.yahoo.com)
Several analysts recently issued reports on ATR shares. Deutsche Bank AG reaffirmed a “buy” rating and set a $90.00 price objective (up from $87.00) on shares of AptarGroup in a report on Tuesday, July 18th. BidaskClub downgraded shares of AptarGroup from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. BMO Capital Markets reaffirmed a “hold” rating and set a $92.00 price objective on shares of AptarGroup in a report on Thursday, July 20th. Zacks Investment Research raised shares of AptarGroup from a “sell” rating to a “hold” rating in a report on Monday, October 2nd. Finally, KeyCorp reaffirmed a “hold” rating on shares of AptarGroup in a report on Friday, September 22nd. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company’s stock. AptarGroup currently has a consensus rating of “Hold” and a consensus target price of $84.57.
AptarGroup (ATR) opened at $85.61 on Wednesday. The company has a market cap of $5,331.73, a price-to-earnings ratio of 25.94, a P/E/G ratio of 3.01 and a beta of 0.97. AptarGroup has a one year low of $71.44 and a one year high of $90.79. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.29 and a current ratio of 2.75.
AptarGroup (NYSE:ATR) last released its earnings results on Thursday, October 26th. The industrial products company reported $0.83 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.03. The firm had revenue of $624.33 million during the quarter, compared to analysts’ expectations of $599.31 million. AptarGroup had a net margin of 9.24% and a return on equity of 16.82%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.82 EPS. equities analysts predict that AptarGroup will post 3.35 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Investors of record on Wednesday, November 1st will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.50%. The ex-dividend date is Tuesday, October 31st. AptarGroup’s payout ratio is currently 37.43%.
In related news, insider Salim Haffar sold 18,130 shares of the company’s stock in a transaction on Monday, October 30th. The shares were sold at an average price of $86.49, for a total transaction of $1,568,063.70. Following the completion of the transaction, the insider now directly owns 39,556 shares in the company, valued at approximately $3,421,198.44. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Monnas Giovanna Kampouri sold 2,000 shares of the company’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $82.13, for a total transaction of $164,260.00. Following the transaction, the director now owns 6,469 shares of the company’s stock, valued at $531,298.97. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,910 shares of company stock valued at $2,056,799. Corporate insiders own 5.30% of the company’s stock.
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AptarGroup, Inc is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, homecare, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America.
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