Stora Enso Oyj (OTCMKTS:SEOAY) Given Average Recommendation of “Hold” by Analysts

Stora Enso Oyj (OTCMKTS:SEOAY) has received an average rating of “Hold” from the five research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $10.80.

Separately, Citigroup restated a “buy” rating on shares of Stora Enso Oyj in a research note on Monday, January 26th.

Stora Enso Oyj Trading Down 1.3%

Shares of SEOAY opened at $13.36 on Friday. Stora Enso Oyj has a fifty-two week low of $7.97 and a fifty-two week high of $14.41. The business has a 50-day moving average of $12.57 and a 200 day moving average of $11.77. The firm has a market cap of $10.54 billion, a P/E ratio of 13.23 and a beta of 0.70. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 1.23.

Stora Enso Oyj (OTCMKTS:SEOAY) last issued its earnings results on Wednesday, February 4th. The basic materials company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.07). The business had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.26 billion. Stora Enso Oyj had a return on equity of 3.22% and a net margin of 7.58%. As a group, research analysts forecast that Stora Enso Oyj will post 0.67 EPS for the current year.

Stora Enso Oyj Company Profile

Stora Enso Oyj is a Finland‐based provider of renewable solutions in packaging, biomaterials, wooden construction and paper. The company draws on centuries of forest industry experience and leverages sustainable practices to produce a wide array of products, including paperboard for consumer goods, specialty papers for printing and publishing, and pulp for industrial applications. Its portfolio also encompasses wood products such as cross-laminated timber, sawn timber and building components, designed to meet growing demand for environmentally friendly construction materials.

Formed through the 1998 merger of Swedish mining and forestry giant Stora and Finnish paper maker Enso, Stora Enso combines deep heritage with ongoing investments in innovation.