FY2018 EPS Estimates for Aperam Lowered by Analyst (APEMY)

Aperam (OTCMKTS:APEMY) – Investment analysts at Jefferies Group dropped their FY2018 earnings per share (EPS) estimates for shares of Aperam in a research report issued to clients and investors on Tuesday. Jefferies Group analyst S. Rosenfeld now expects that the company will earn $4.36 per share for the year, down from their prior estimate of $4.45.

Other equities analysts have also recently issued research reports about the company. Zacks Investment Research raised Aperam from a “hold” rating to a “buy” rating and set a $62.00 target price for the company in a report on Wednesday, November 1st. ValuEngine raised Aperam from a “hold” rating to a “buy” rating in a report on Wednesday.

Aperam (OTCMKTS:APEMY) traded up $0.13 during trading on Thursday, hitting $55.39. The stock had a trading volume of 1,522 shares, compared to its average volume of 354. Aperam has a 12 month low of $43.50 and a 12 month high of $55.30. The firm has a market cap of $4,668.10, a PE ratio of 22.70 and a beta of 2.11.

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Aperam Company Profile

Aperam produces and sells stainless and specialty steel products worldwide. It operates through three segments: Stainless & Electrical Steel, Services & Solutions, and Alloys & Specialties. The company offers steel products and electrical steels, including grain oriented, non-grain oriented, and non-grain oriented semi-processed steel products.

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