Aperam (OTCMKTS:APEMY) Receives Average Rating of “Hold” from Analysts

Shares of Aperam (OTCMKTS:APEMY) have been given an average recommendation of “Hold” by the seven analysts that are covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

A number of equities research analysts recently commented on the company. Zacks Research downgraded Aperam from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Morgan Stanley restated an “overweight” rating on shares of Aperam in a report on Thursday, February 19th. Oddo Bhf cut Aperam to a “neutral” rating in a report on Wednesday, January 14th. Citigroup reiterated a “neutral” rating on shares of Aperam in a research report on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Aperam in a research report on Monday, February 9th.

Aperam Stock Performance

APEMY opened at $40.24 on Thursday. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 251.49 and a beta of 1.05. Aperam has a fifty-two week low of $25.97 and a fifty-two week high of $54.50. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.82 and a current ratio of 3.15. The company has a fifty day moving average of $45.61 and a 200 day moving average of $39.24.

Aperam (OTCMKTS:APEMY) last released its quarterly earnings data on Friday, February 6th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.33 by $0.13. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.69 billion. Aperam had a net margin of 0.17% and a return on equity of 1.05%. As a group, sell-side analysts forecast that Aperam will post 2.84 earnings per share for the current fiscal year.

Aperam Company Profile

Aperam is a global stainless, electrical and specialty steel producer with headquarters in Luxembourg. The company designs, manufactures and distributes a wide range of stainless and electrical steel products that serve markets such as automotive, household appliances, construction, energy and mechanical industries. Aperam operates an integrated value chain that spans mining, steelmaking, finishing and distribution, enabling it to control quality and deliver tailored solutions to its customers.

The company was established in 2011 following a carve-out from ArcelorMittal and has since developed a distinct identity focused on sustainable stainless steel production.