Streetbeat News

AMKBY

A.P. Moller - Maersk AS

https://www.maersk.com/

CEO

Soren Skou

Open

7.11

Mkt cap

23B

Volume

28K

High

7.34

P/E Ratio

6.33

52-wk high

9.75

Low

7.11

Div yield

0.05

52-wk low

6.26

A.P. Moller Maersk is rated as a 'Buy' with a target price of 13,500 DKK/share. The resolution of a dockworker strike stabilizes shipping rates, reducing near-term risks and supporting growth. Maersk's 3Q24 results show strong profitability and increased guidance.

Portfolio Pulse from

January 10, 2025 | 1:45 pm

A.P. Moller-Maersk (AMKBY) has been upgraded to a Zacks Rank #1 (Strong Buy), indicating positive sentiment about its earnings prospects, which could lead to a stock price increase.

Portfolio Pulse from

December 11, 2024 | 6:15 pm

Maersk's Asia-Pacific president, Ditlev Blicher, highlights the company's efforts in decarbonizing global shipping, marked by the launch of a new dual-fuel methanol vessel in Singapore.

Portfolio Pulse from

November 28, 2024 | 6:30 am

Maersk has introduced a new dual-fuel methanol vessel, the A.P. Møller, as part of its efforts to decarbonize its fleet. This 350-meter-long ship can operate on both methanol and traditional marine fuels, contributing to Maersk's growing fleet of environmentally friendly vessels.

Portfolio Pulse from

November 28, 2024 | 5:00 am

A.P. Moller-Maersk (AMKBY) has experienced a 'golden cross', where its 50-day moving average surpassed its 200-day moving average, indicating a potentially positive technical outlook for investors.

Portfolio Pulse from

November 18, 2024 | 4:00 pm

A. P. Moller Maersk reported Q3 earnings per share of $0.97, missing the $0.99 estimate, but sales of $15.76 billion beat the $15.66 billion estimate. EPS increased by 525.81% and sales by 29.95% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:15 am

The article highlights the investment philosophy of Walter Schloss, a value investor who achieved remarkable returns by focusing on financially sound companies trading below book value. It also discusses the potential of Kyocera Corp. and A.P. Moller-Maersk A/S as undervalued investment opportunities.

Portfolio Pulse from Tim Melvin

October 29, 2024 | 6:25 pm

Maersk has updated its Q3 2024 results, reporting an EBIT of $3.3 billion and raising its full-year guidance. The company now expects 2024 underlying EBITDA to be between $11.0 billion and $11.5 billion. Additionally, Maersk has revised its global container market volume growth outlook to around 6% for the fiscal year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 3:41 pm

The East Coast dockworkers, represented by the International Longshoremen's Association, are on strike after their contract with the U.S. Maritime Alliance expired. The strike could impact logistics companies like ZIM Integrated Shipping Services, A P Moller Maersk, and XPO Inc, as well as retailers Walmart and Target, due to potential supply chain disruptions. The strike is expected to have a modest impact on the U.S. economy, with a potential GDP reduction of 0.5% if prolonged.

Portfolio Pulse from Hayden Buckfire

October 01, 2024 | 3:57 pm

A. P. Moller Maersk (OTC:AMKBY), the world's largest container shipping company, announced that disruptions in the Red Sea, caused by attacks from Iran-aligned Houthi militants, are expected to reduce the shipping industry's capacity between the Far East and Europe by 15%-20% in Q2. These disruptions have forced vessels to reroute, leading to longer journey times and increased freight rates. Maersk has leased over 125,000 additional containers to enhance reliability and address the capacity shortage, with disruptions likely to persist until the end of the year.

Portfolio Pulse from Benzinga Neuro

May 06, 2024 | 9:18 am

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