|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||75.10 - 75.10|
|52 Week Range||73.85 - 121.50|
|Beta (3Y Monthly)||1.73|
|PE Ratio (TTM)||11.00|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Atos said on Tuesday it has alerted the French markets regulator after Berenberg withdrew its downgrade of the software company's stock, which briefly wiped almost 450 million euros ($503.42 million) off its market capitalization. Analyst firm Berenberg on Tuesday issued a research note titled 'Unleash the bears', downgrading its rating on the stock to 'sell' and reducing its price target to 60 euro ($67) from 90 euro following Atos' sale of its stake in Worldline. Berenberg later retracted the note, saying in an email that it had contained an error in its valuation approach and instead analyst Georgios Kertsos placed the stock under review.
Thierry Breton, the boss of Atos SE and former finance minister, on Wednesday unveiled a plan to hand most of the fintech firm’s shares in Worldline SA to its own stockholders. A deal like this isn’t the kind of shareholder-friendly move usually associated with members of the CAC 40. Atos will demerge a little less than half of its 51 percent holding, freeing Worldline to pursue its own destiny without a controlling parent. Investors pushed Atos stock up as much as 10 percent on Wednesday, boosting the company’s market value by 820 million euros ($937 million).
Atos' shareholders are expected to receive two Worldline shares for five Atos shares held, the company said in a statement. Shares in Worldline have risen around 6 percent in the past year, while those in Atos have dropped around 40 percent over the same period. Atos will submit its proposal to shareholders at its annual general meeting on April 30.
The computer-services provider will hand out 23.4 percent of its Worldline stake, valued at about 2 billion euros ($2.3 billion), Atos said in a statement Wednesday. Shares in Atos rose as much as 9.4 percent in early trading Paris on Wednesday, the most since July 2016. Worldline shares dropped just under 2 percent.
Looking at Atos SE's (EPA:ATO) earnings update in June 2018, analyst consensus outlook appear cautiously subdued, with earnings expected to grow by 11% in the upcoming year compared with the Read More...
Thierry Breton became the CEO of Atos SE (EPA:ATO) in 2009. First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the Read More...
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Atos, which offers cloud, infrastructure and automation services among others, has been hit in recent quarters by a slowdown in North America and competitive pressures. Chief Executive Thierry Breton said that a disappointing performance by the company's Infrastructure & Data Management division in North America and Germany, as well as an uncertain global economic climate, led to a cautious stance on the company's guidance.
Computer services company Ingenico SA also fell initially after it cited the under-performance of its point-of-sale transactions unit for a cut in full-year profit guidance. Bloomberg reported in October that Natixis SA was among those exploring a potential combination with the company. The Stoxx 600 Technology index fell as much as 4 percent after a clutch of disappointing results across the sector.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
Does the share price for Atos SE (EPA:ATO) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value by estimating the company’s future cash flows and discounting themRead More...