Scotiabank Comments on Orbia Advance Co., S.A.B. de C.V.’s Q2 2021 Earnings (OTCMKTS:MXCHY)

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Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) – Analysts at Scotiabank lifted their Q2 2021 earnings estimates for shares of Orbia Advance in a research report issued on Thursday, April 29th. Scotiabank analyst B. Isaacson now expects that the basic materials company will post earnings of $0.07 per share for the quarter, up from their prior forecast of $0.06. Scotiabank has a “Sector Perform” rating on the stock. Scotiabank also issued estimates for Orbia Advance’s FY2021 earnings at $0.21 EPS, Q1 2022 earnings at $0.05 EPS, Q3 2022 earnings at $0.05 EPS, Q4 2022 earnings at $0.04 EPS and FY2022 earnings at $0.20 EPS.

Separately, Zacks Investment Research raised shares of Orbia Advance from a “hold” rating to a “buy” rating and set a $5.50 price objective on the stock in a research note on Thursday, January 21st.

Shares of MXCHY opened at $5.45 on Monday. Orbia Advance has a 12 month low of $3.50 and a 12 month high of $5.45. The firm has a market cap of $5.72 billion, a P/E ratio of 27.25 and a beta of 0.10. The stock’s 50 day moving average is $5.10 and its two-hundred day moving average is $4.78. The company has a current ratio of 1.43, a quick ratio of 1.10 and a debt-to-equity ratio of 1.29.

About Orbia Advance

Orbia Advance Corporation, SAB. de C.V. provides products and solutions for precision agriculture, building and infrastructure, fluor, polymer solutions, and data communications sectors worldwide. The company focuses on ensuring food security, reducing water scarcity, reinventing the future of cities and homes, connecting communities to data infrastructure, and expanding access to health and wellness with advanced materials.

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Earnings History and Estimates for Orbia Advance (OTCMKTS:MXCHY)

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