Latest news with #AtlasCopcoAB
Business Insider
4 days ago
- Business
- Business Insider
Atlas Copco AB (0XXT) Gets a Buy from Kepler Capital
Kepler Capital analyst Johan Sjoberg maintained a Buy rating on Atlas Copco AB on July 18 and set a price target of SEK180.00. The company's shares closed last Friday at SEK161.32. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Sjoberg covers the Industrials sector, focusing on stocks such as Assa Abloy, Atlas Copco AB, and SKF AB. According to TipRanks, Sjoberg has an average return of 5.0% and a 60.26% success rate on recommended stocks. Atlas Copco AB has an analyst consensus of Moderate Buy, with a price target consensus of SEK160.38, which is a -0.58% downside from current levels. In a report released yesterday, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a SEK167.00 price target.
Mint
6 days ago
- Business
- Mint
Swedish Industry's Tariff Navigation Clouded by Currency Hit
(Bloomberg) -- Currency headwinds are darkening the outlook of Sweden's industrial companies, clouding a fairly resilient performance in the face of US President Donald Trump's trade war. As the country's leading sector — industrial companies make up almost half of the 30-member OMX index's weight — its fate is crucial for Sweden. Atlas Copco AB took the biggest hit thus far with a 1.5 billion kronor ($156 million) impact on profit in the second quarter. The air compressor and vacuum manufacturer's earnings for the period missed analyst expectations. Shares fell as much as 10% in Stockholm trading. The currency impact will be 'difficult' to mitigate, Chief Executive Officer Vagner Veloso da Silva Rego said in an interview, while customer hesitancy is also growing in the face of uncertainty. 'We see a lot of discussions, but fewer decisions,' he said. 'Customers want to have a bit more clarity before they make decisions, especially for large equipment. This is where we suffered the most.' Fellow industrials fared better for now as seals and bearings manufacturer SKF AB, lawn-mower maker Husqvarna AB and mining equipment provider Sandvik AB all reported robust numbers, having mitigated the impact from tariffs by implementing price increases and rerouting trade flows. Though the hit from currency fluctuations is hard to ignore. 'We are living in a volatile world and currencies are something we just have to work with,' SKF CEO Rickard Gustafson told Bloomberg. 'It's not just the Swedish Krona. We have large flows from euro to dollars and euros to China.' The group's adjusted operating profit beat estimates for the second quarter as aerospace and electric vehicle demand rose, though was down year-on-year due to 'significant' currency headwinds last quarter, with a further 500 million kronor hit expected on third-quarter earnings. Meanwhile, Husqvarna — which also beat estimates — said it continued to experience uncertainty related to tariffs and noted 'significant currency fluctuations,' which particularly impacted North American markets, while Sandvik flagged an 800 million kronor hit on third-quarter profit from currency fluctuations earlier this week. The group also warned of trade war-induced volatility with tariffs remaining a question mark on the investment side, Sandvik CEO Stefan Widing said on Wednesday's earnings call. --With assistance from Jonas Ekblom. (Adds details from Atlas Copco from third paragraph) More stories like this are available on
Business Insider
16-07-2025
- Business
- Business Insider
Kepler Capital Reaffirms Their Buy Rating on Atlas Copco AB (0XXT)
Kepler Capital analyst Johan Sjoberg maintained a Buy rating on Atlas Copco AB on July 14 and set a price target of SEK180.00. The company's shares closed last Monday at SEK158.97. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Sjoberg is a 3-star analyst with an average return of 2.4% and a 57.53% success rate. Sjoberg covers the Industrials sector, focusing on stocks such as Assa Abloy, Atlas Copco AB, and Trelleborg AB. Atlas Copco AB has an analyst consensus of Moderate Buy, with a price target consensus of SEK160.38.
Yahoo
07-07-2025
- Business
- Yahoo
Is Atlas Copco (ATLKY) Stock Outpacing Its Industrial Products Peers This Year?
For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Atlas Copco AB (ATLKY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question. Atlas Copco AB is a member of the Industrial Products sector. This group includes 190 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Atlas Copco AB is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for ATLKY's full-year earnings has moved 1.8% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the most recent data, ATLKY has returned 8.7% so far this year. In comparison, Industrial Products companies have returned an average of 6.7%. As we can see, Atlas Copco AB is performing better than its sector in the calendar year. Another Industrial Products stock, which has outperformed the sector so far this year, is Halma (HLMAF). The stock has returned 25.1% year-to-date. Over the past three months, Halma's consensus EPS estimate for the current year has increased 8.2%. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Atlas Copco AB belongs to the Manufacturing - General Industrial industry, which includes 41 individual stocks and currently sits at #59 in the Zacks Industry Rank. Stocks in this group have gained about 6.8% so far this year, so ATLKY is performing better this group in terms of year-to-date returns. Halma, however, belongs to the Security and Safety Services industry. Currently, this 16-stock industry is ranked #27. The industry has moved +9.5% so far this year. Going forward, investors interested in Industrial Products stocks should continue to pay close attention to Atlas Copco AB and Halma as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Atlas Copco AB (ATLKY) : Free Stock Analysis Report Halma (HLMAF) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
04-06-2025
- Business
- Yahoo
Is Ardagh Metal Packaging (AMBP) Outperforming Other Industrial Products Stocks This Year?
Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is Ardagh Metal Packaging S.A. (AMBP) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question. Ardagh Metal Packaging S.A. is a member of the Industrial Products sector. This group includes 189 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Ardagh Metal Packaging S.A. is currently sporting a Zacks Rank of #2 (Buy). Over the past three months, the Zacks Consensus Estimate for AMBP's full-year earnings has moved 13.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. According to our latest data, AMBP has moved about 30.2% on a year-to-date basis. Meanwhile, stocks in the Industrial Products group have lost about 1.9% on average. This means that Ardagh Metal Packaging S.A. is performing better than its sector in terms of year-to-date returns. Atlas Copco AB (ATLKY) is another Industrial Products stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 6.3%. Over the past three months, Atlas Copco AB's consensus EPS estimate for the current year has increased 3.6%. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Ardagh Metal Packaging S.A. belongs to the Metal Products - Procurement and Fabrication industry, a group that includes 9 individual stocks and currently sits at #91 in the Zacks Industry Rank. Stocks in this group have gained about 2.2% so far this year, so AMBP is performing better this group in terms of year-to-date returns. Atlas Copco AB, however, belongs to the Manufacturing - General Industrial industry. Currently, this 38-stock industry is ranked #144. The industry has moved -0.1% so far this year. Investors interested in the Industrial Products sector may want to keep a close eye on Ardagh Metal Packaging S.A. and Atlas Copco AB as they attempt to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ardagh Metal Packaging S.A. (AMBP) : Free Stock Analysis Report Atlas Copco AB (ATLKY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
