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

Shares of Stora Enso Oyj (OTCMKTS:SEOAY) have been given an average recommendation of “Hold” by the five research firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $10.80.

Separately, BNP Paribas Exane began coverage on Stora Enso Oyj in a report on Wednesday, June 10th. They issued a “neutral” rating on the stock.

Stora Enso Oyj Stock Up 2.9%

SEOAY stock opened at $10.65 on Monday. Stora Enso Oyj has a 1-year low of $9.92 and a 1-year high of $14.41. The business’s 50 day simple moving average is $11.03 and its 200 day simple moving average is $11.82. The company has a current ratio of 1.07, a quick ratio of 0.57 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $8.40 billion, a PE ratio of 12.68 and a beta of 0.64.

Stora Enso Oyj (OTCMKTS:SEOAY) last released its quarterly earnings results on Thursday, July 23rd. The basic materials company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.13). The company had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.79 billion. Stora Enso Oyj had a net margin of 6.20% and a return on equity of 2.38%. As a group, research analysts anticipate that Stora Enso Oyj will post 0.66 EPS for the current year.

About Stora Enso Oyj

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.