Wall Street brokerages expect AptarGroup, Inc. (NYSE:ATR) to report earnings per share of $0.93 for the current fiscal quarter, Zacks reports. Five analysts have made estimates for AptarGroup’s earnings. The highest EPS estimate is $0.95 and the lowest is $0.91. AptarGroup posted earnings of $0.83 per share in the same quarter last year, which would suggest a positive year over year growth rate of 12%. The business is expected to report its next earnings results after the market closes on Thursday, October 25th.

On average, analysts expect that AptarGroup will report full-year earnings of $3.90 per share for the current year, with EPS estimates ranging from $3.80 to $3.95. For the next financial year, analysts forecast that the company will report earnings of $4.30 per share, with EPS estimates ranging from $3.92 to $4.50. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for AptarGroup.

AptarGroup (NYSE:ATR) last announced its earnings results on Thursday, July 26th. The industrial products company reported $1.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.01 by $0.08. The business had revenue of $710.61 million during the quarter, compared to analyst estimates of $688.02 million. AptarGroup had a return on equity of 17.83% and a net margin of 8.19%.

Several analysts have recently commented on ATR shares. Zacks Investment Research downgraded AptarGroup from a “hold” rating to a “sell” rating in a research note on Monday, July 2nd. UBS Group started coverage on AptarGroup in a research note on Wednesday, June 20th. They issued a “neutral” rating and a $105.00 target price for the company. ValuEngine upgraded AptarGroup from a “hold” rating to a “buy” rating in a research note on Saturday, July 28th. Vertical Research downgraded AptarGroup from a “hold” rating to a “sell” rating and set a $86.00 target price for the company. in a research note on Tuesday, July 31st. Finally, Wells Fargo & Co raised their target price on AptarGroup from $93.00 to $105.00 and gave the company a “market perform” rating in a research note on Tuesday, July 31st. 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 currently has a consensus rating of “Hold” and an average target price of $101.75.

Shares of ATR stock traded up $0.06 during mid-day trading on Monday, hitting $110.38. The company’s stock had a trading volume of 330,000 shares, compared to its average volume of 292,473. AptarGroup has a 52 week low of $79.97 and a 52 week high of $112.31. The company has a current ratio of 3.01, a quick ratio of 2.42 and a debt-to-equity ratio of 0.88. The firm has a market cap of $6.86 billion, a PE ratio of 32.09, a price-to-earnings-growth ratio of 3.33 and a beta of 0.82.

In other AptarGroup news, CFO Robert Kuhn sold 10,000 shares of AptarGroup stock in a transaction dated Monday, July 30th. The stock was sold at an average price of $101.24, for a total transaction of $1,012,400.00. Following the completion of the transaction, the chief financial officer now owns 49,498 shares in the company, valued at approximately $5,011,177.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Salim Haffar sold 10,514 shares of AptarGroup stock in a transaction dated Tuesday, June 26th. The shares were sold at an average price of $92.95, for a total value of $977,276.30. Following the transaction, the insider now owns 36,285 shares of the company’s stock, valued at approximately $3,372,690.75. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 108,376 shares of company stock valued at $11,048,710. 3.40% of the stock is currently owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in ATR. Hall Laurie J Trustee boosted its stake in AptarGroup by 642.2% during the 1st quarter. Hall Laurie J Trustee now owns 1,670 shares of the industrial products company’s stock valued at $150,000 after purchasing an additional 1,445 shares during the last quarter. Moneta Group Investment Advisors LLC boosted its stake in AptarGroup by 99.8% during the 2nd quarter. Moneta Group Investment Advisors LLC now owns 1,698 shares of the industrial products company’s stock valued at $159,000 after purchasing an additional 848 shares during the last quarter. Fisher Asset Management LLC acquired a new position in AptarGroup during the 1st quarter valued at about $210,000. Janney Montgomery Scott LLC acquired a new position in AptarGroup during the 2nd quarter valued at about $222,000. Finally, Quantbot Technologies LP acquired a new position in AptarGroup during the 1st quarter valued at about $243,000. Institutional investors and hedge funds own 90.86% of the company’s stock.

AptarGroup Company Profile

AptarGroup, Inc provides a range of packaging, dispensing, and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates in three segments: Beauty + Home, Pharma, and Food + Beverage.

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Earnings History and Estimates for AptarGroup (NYSE:ATR)

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