Here’s Why AptarGroup, Inc. (ATR) Is A Stock To Set Your Sights On

On Tuesday, shares of AptarGroup, Inc. (NYSE:ATR) marked $116.31 per share versus a previous $113.43 closing price. With having a 2.54% gain, an insight into the fundamental values of AptarGroup, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. ATR showed a rise of 0.60% within its YTD performance, with highs and lows between $79.84 – $125.66 during the period of 52 weeks, compared to the simple moving average of 5.87% in the period of the last 200 days.

BofA/Merrill equity researchers changed the status of AptarGroup, Inc. (NYSE: ATR) shares from “Neutral” to a “Buy” rating in the report published on April 27th, 2020. Other analysts, including BMO Capital Markets, also published their reports on ATR shares. BMO Capital Markets repeated the rating from the previous report, marking ATR under “Outperform” rating, in the report published on March 25th, 2020. Additionally, ATR shares got another “Overweight” rating from Wells Fargo, setting a target price of $122 on the company’s shares, according to the report published in March 4th, 2020. On February 26th, 2020, Morgan Stanley Downgrade an Equal-Weight rating and increased its price target from $136 to $116. On the other hand, Morgan Stanley Initiated the “Overweight” rating for ATR shares, as published in the report on July 8th, 2019. BofA/Merrill seems to be going bullish on the price of ATR shares, based on the price prediction for ATR, indicating that the shares will jump from $87 to $100, giving the shares “Underperform” rating based on their report from April 5th, 2019. Another “Outperform” rating came from Robert W. Baird, providing a prediction for $100 price target according to the report published in February 27th, 2019.

AptarGroup, Inc. (ATR) Analysis

The present dividend yield for ATR owners is set at 0.01, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with AptarGroup, Inc., the company needs to provide a healthy cash flow, currently at the value of 41.55. In addition, the growth of sales from quarter to quarter is recording -3.10%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of AptarGroup, Inc. (ATR) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 14.90% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.30 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while ATR is currently recording an average of 315.30K in volumes. The volatility of the stock on monthly basis is set at 2.24%, while the weekly volatility levels are marked at 2.57%with 1.01% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $117.29, indicating growth from the present price of $116.31, which can represent yet another valuable research and analysis points that can help you decide whether to invest in ATR or pass.

What to Look for When Analyzing AptarGroup, Inc. Shares?

AptarGroup, Inc. (ATR) is based in the USA and it represents one of the well-known company operating with Consumer Cyclical sector. If you wish to compare ATR shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 32.88 for AptarGroup, Inc., while the value 30.02 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 3.54 is supported by the yearly EPS growth of 25.60%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.60%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 90.50% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in ATR Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in ATR in the recent period. That is how The Vanguard Group, Inc. now has an increase position in ATR by 1.52% in the first quarter, owning 6.85 million shares of ATR stocks, with the value of $767.27 million after the purchase of an additional 102,683 shares during the last quarter. In the meanwhile, State Farm Investment Management also increased their stake in ATR shares changed 0.00% in the first quarter, which means that the company now owns 5.56 million shares of company, all valued at $622.17 million after the acquisition of additional 0 shares during the last quarter.

SSgA Funds Management, Inc. acquired a new position in AptarGroup, Inc. during the first quarter, with the value of $279.37 million, and JPMorgan Investment Management, I increased their stake in the company’s shares by 0.00% in the first quarter, now owning 104 shares valued at $244.15 million after the acquisition of the additional 2.18 million shares during the last quarter. In the end, Champlain Investment Partners LLC increased their position by 4.82% during the first quarter, now owning 1.87 million ATR shares, now holding the value of $209.82 million in ATR with the purchase of the additional 532,875 shares during the period of the last quarter. At the present, 90.50% of ATR shares are in the ownership of institutional investors.