Headlines about AptarGroup (NYSE:ATR) have been trending positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AptarGroup earned a coverage optimism score of 0.26 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 47.1521781806444 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several research analysts have recently commented on the company. Zacks Investment Research lowered AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday, February 5th. Wells Fargo & Co reaffirmed a “market perform” rating and set a $90.00 target price (up from $83.00) on shares of AptarGroup in a research report on Wednesday, February 14th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $92.00 target price on shares of AptarGroup in a research report on Wednesday, February 14th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $85.38.
Shares of AptarGroup (NYSE ATR) traded down $0.77 on Wednesday, hitting $89.73. The stock had a trading volume of 55,452 shares, compared to its average volume of 298,738. AptarGroup has a 1 year low of $75.49 and a 1 year high of $92.32. The company has a quick ratio of 2.53, a current ratio of 3.16 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $5,638.49, a P/E ratio of 26.54, a price-to-earnings-growth ratio of 2.82 and a beta of 0.82.
AptarGroup (NYSE:ATR) last issued its earnings results on Monday, February 12th. The industrial products company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.10. AptarGroup had a return on equity of 16.97% and a net margin of 8.91%. The firm had revenue of $625.90 million for the quarter, compared to the consensus estimate of $577.17 million. During the same quarter in the prior year, the business earned $0.69 earnings per share. The company’s revenue was up 16.1% compared to the same quarter last year. equities research analysts expect that AptarGroup will post 3.78 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, January 31st were issued a $0.32 dividend. The ex-dividend date was Tuesday, January 30th. This represents a $1.28 dividend on an annualized basis and a yield of 1.43%. AptarGroup’s payout ratio is 37.43%.
In other AptarGroup news, Director King W. Harris sold 68,985 shares of the stock in a transaction that occurred on Friday, March 9th. The stock was sold at an average price of $89.99, for a total transaction of $6,207,960.15. Following the completion of the transaction, the director now owns 193,474 shares of the company’s stock, valued at $17,410,725.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Eldon W. Schaffer II sold 20,000 shares of the stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $90.17, for a total value of $1,803,400.00. Following the transaction, the insider now directly owns 52,857 shares of the company’s stock, valued at approximately $4,766,115.69. The disclosure for this sale can be found here. Insiders sold a total of 119,597 shares of company stock valued at $10,788,114 in the last ninety days. 5.30% of the stock is currently owned by insiders.
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AptarGroup Company Profile
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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