Stock of the Day

June 7, 2021

AptarGroup (ATR)

$131.71
-$1.28 (-1.0%)
Market Cap: $8.46B

About AptarGroup

AptarGroup, Inc. designs and manufactures a range of drug delivery, consumer product dispensing, and active material science solutions and services for the pharmaceutical, beauty, personal care, home care, and food and beverage markets. The company operates through Aptar Pharma, Aptar Beauty, and Aptar Closures segments. It also provides pumps for nasal allergy treatments; and metered dose inhaler valves for respiratory ailments, such as asthma and chronic obstructive pulmonary diseases; elastomer for injectable primary packaging components; and active material science solutions. In addition, the company offers dispensing pumps, closures, elastomeric components, and aerosol valves to the digital health solutions. It primarily sells its products and services in Asia, Europe, Latin America, and North America. AptarGroup, Inc. was incorporated in 1992 and is headquartered in Crystal Lake, Illinois.

Today's Trend

AptarGroup, Inc. (NYSE:ATR) shares increased modestly as analysts made mostly favorable revisions to the company’s longer-term earnings outlook, while the CEO-designate’s stock sale provided a counterpoint.

  • Zacks Research raised multiple earnings estimates: Forecasts increased for Q1 2027 EPS to $1.33 from $1.32, Q2 2027 EPS to $1.52 from $1.51, FY2027 EPS to $5.87 from $5.84, Q4 2027 EPS to $1.49 from $1.48, Q1 2028 EPS to $1.63 from $1.62, and Q2 2028 EPS to $1.66 from $1.65. The revisions suggest slightly improved expectations for AptarGroup’s future profitability, although Zacks maintained a “Hold” rating.
  • Broker sentiment remains constructive. AptarGroup has received a consensus “Moderate Buy” rating from analysts, with five Buy ratings and three Holds and an average price target of $172.80. Recent targets include $155 from Wells Fargo, $160 from Raymond James, and $173 from Bank of America. AptarGroup Receives Consensus Recommendation of Moderate Buy
  • Recent operating results exceeded expectations. AptarGroup’s latest quarterly report showed EPS of $1.42 versus the $1.35 consensus estimate and revenue of $1.03 billion versus expectations of $1.01 billion. Revenue grew 6.3% year over year, and management issued third-quarter EPS guidance of $1.45 to $1.53.
  • Dividend support remains intact. The company pays a quarterly dividend of $0.48 per share, or $1.92 annualized, representing a yield of approximately 1.4% and a payout ratio of 34.72%.
  • CEO-designate Gael Touya sold 3,740 shares for approximately $500,262 at an average price of $133.76, reducing his direct ownership by 11.39%. He still owns 29,102 shares, so the transaction may have limited significance, but insider selling can weigh on sentiment. Gael Touya Sells 3,740 Shares of AptarGroup
← Previous Stock of the DayNext Stock of the Day →