- AptarGroup (ATR, Financial) beats Q1 earnings expectations, but misses on revenue forecasts.
- Analysts foresee an average target price of $170.83, suggesting significant upside potential.
- GuruFocus assigns a GF Value estimate of $135.54, indicating a potential downside.
AptarGroup Inc. (ATR) announced its Q1 financial results, revealing an earnings per share (EPS) of $1.20, surpassing forecasts by $0.04. However, the company experienced a 3.1% decline in revenue year-over-year, reaching $887.4 million, which fell short of estimates by $11.34 million. Looking ahead, Aptar projects its Q2 earnings per share to range between $1.56 and $1.64, influenced by a one-time tax benefit.
Wall Street Analysts Forecast
In the realm of analyst predictions, AptarGroup Inc. (ATR, Financial) is poised for growth. Based on one-year price targets from six analysts, the average target price is pegged at $170.83, with estimates ranging from a high of $205.00 to a low of $135.00. This average price target suggests a potential upside of 15.21% from the current trading price of $148.28. For more in-depth estimate data, explore the AptarGroup Inc (ATR) Forecast page.
Meanwhile, consensus from seven brokerage firms assigns AptarGroup Inc. (ATR, Financial) an average brokerage recommendation of 1.6, classifying it as "Outperform." The rating scale spans from 1, indicating a Strong Buy, to 5, signifying a Sell.
From a valuation perspective, the estimated GF Value for AptarGroup Inc. (ATR, Financial) in one year stands at $135.54. This suggests a potential downside of 8.59% from the present price of $148.28. The GF Value, a proprietary measure by GuruFocus, reflects the stock's fair trading value based on historical multiples, past business growth, and future performance estimates. Further detailed data is available on the AptarGroup Inc (ATR) Summary page.
