AptarGroup Inc. (NYSE: ATR) has reported earnings for its second fiscal quarter (ending June 30) of $1.36 versus $1.27 for the same period a year ago — an increase of 7%. Relative to the consensus estimate of $1.36, this was a premium of $0.00. For the latest four quarters through June 30, E.P.S. were $4.85 versus $3.84 for the same period a year ago — an increase of 26%.
Recent Price Action
AptarGroup Inc. (NYSE: ATR) stock declined modestly by -1.8% on 7/25/24. The stock closed at $141.49. Moreover, this decline was accompanied by exceptionally high trading volume at 224% of normal. The stock has been strong relative to the market over the last nine months but has declined -2.3% during the last week.
Current PriceTarget Research Rating
ATR is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
AptarGroup has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. AptarGroup has a poor Appreciation Score of 21 but a good Power Rating of 72, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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