AptarGroup (ATR) Receiving Somewhat Favorable Media Coverage, Study Finds

News coverage about AptarGroup (NYSE:ATR) has been trending somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. AptarGroup earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 45.8916511579665 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media stories that may have effected Accern Sentiment’s rankings:

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ATR has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded AptarGroup from a “buy” rating to a “hold” rating in a research report on Monday, February 5th. Wells Fargo reiterated a “market perform” rating and set a $90.00 price target (up previously from $83.00) on shares of AptarGroup in a research report on Wednesday, February 14th. Robert W. Baird reiterated a “hold” rating and set a $92.00 price target on shares of AptarGroup in a research report on Wednesday, February 14th. Finally, ValuEngine upgraded AptarGroup from a “hold” rating to a “buy” rating in a research report on Wednesday, April 11th. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $85.38.

Shares of AptarGroup stock opened at $94.31 on Tuesday. AptarGroup has a 12 month low of $75.88 and a 12 month high of $94.66. The company has a market cap of $5,760.85, a price-to-earnings ratio of 27.42, a PEG ratio of 2.88 and a beta of 0.78. The company has a quick ratio of 2.53, a current ratio of 3.16 and a debt-to-equity ratio of 0.91.

AptarGroup (NYSE:ATR) last announced its earnings results on Monday, February 12th. The industrial products company reported $0.81 EPS for the quarter, beating 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 business had revenue of $625.90 million during the quarter, compared to analysts’ expectations of $577.17 million. During the same quarter in the prior year, the firm earned $0.69 earnings per share. The business’s revenue was up 16.1% compared to the same quarter last year. equities research analysts anticipate that AptarGroup will post 3.78 EPS for the current fiscal year.

In other AptarGroup news, Director Stephen J. Hagge sold 5,612 shares of the stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $88.65, for a total transaction of $497,503.80. Following the completion of the transaction, the director now owns 84,001 shares of the company’s stock, valued at $7,446,688.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ursula Saint-Leger sold 66,493 shares of the stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $90.53, for a total value of $6,019,611.29. Following the transaction, the insider now directly owns 42,690 shares of the company’s stock, valued at approximately $3,864,725.70. The disclosure for this sale can be found here. Insiders have sold 186,090 shares of company stock valued at $16,807,725 in the last three months. Insiders own 3.40% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for AptarGroup (NYSE:ATR)

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