Mercer International (MERC) to Release Quarterly Earnings on Thursday

Mercer International (NASDAQ:MERC) (TSE:MRI.U) is scheduled to post its quarterly earnings results after the market closes on Thursday, February 14th. Individual interested in participating in the company’s earnings conference call can do so using this link.

MERC stock opened at $14.37 on Tuesday. The company has a quick ratio of 2.57, a current ratio of 3.88 and a debt-to-equity ratio of 1.29. Mercer International has a one year low of $9.36 and a one year high of $19.14. The stock has a market cap of $954.53 million, a price-to-earnings ratio of 7.63 and a beta of 1.81.

A number of analysts have commented on the stock. BidaskClub raised shares of Mercer International from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 24th. Raymond James reissued a “strong-buy” rating and issued a $25.00 price target on shares of Mercer International in a research report on Friday, October 26th. TD Securities reduced their price target on shares of Mercer International from $23.00 to $21.00 and set a “buy” rating for the company in a research report on Monday, October 29th. Finally, ValuEngine lowered shares of Mercer International from a “hold” rating to a “sell” rating in a research report on Wednesday, November 21st. One analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Mercer International has a consensus rating of “Buy” and a consensus price target of $22.67.

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About Mercer International

Mercer International Inc, together with its subsidiaries, manufactures and sells northern bleached softwood Kraft (NBSK) pulp in the United States, Europe, Asia, and internationally. The company operates in two segments, Pulp and Wood Products. It produces NBSK pulp primarily from wood chips and pulp logs; carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste; and tall oil for use as a chemical additive and green energy source.

Further Reading: Return on Equity (ROE)

Earnings History for Mercer International (NASDAQ:MERC)

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