Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) Given Consensus Rating of “Buy” by Analysts

Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) has been given an average rating of “Buy” by the seven research firms that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have issued a strong buy rating on the company.

Several research analysts have recently commented on NTOIY shares. UBS Group raised shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. The Goldman Sachs Group lowered shares of Neste OYJ from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th. Barclays raised shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 17th. Royal Bank Of Canada raised shares of Neste OYJ from a “hold” rating to a “moderate buy” rating in a research note on Thursday, March 12th. Finally, Zacks Research lowered shares of Neste OYJ from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th.

Neste OYJ Trading Up 0.2%

Shares of NTOIY stock opened at $15.49 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.89 and a quick ratio of 0.95. The firm has a market cap of $23.80 billion and a PE ratio of 28.69. The company has a 50-day moving average of $16.07 and a two-hundred day moving average of $14.12. Neste OYJ has a 1-year low of $6.60 and a 1-year high of $18.11.

Neste OYJ (OTCMKTS:NTOIY) last announced its earnings results on Wednesday, April 29th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.10. Neste OYJ had a net margin of 3.78% and a return on equity of 10.12%. The company had revenue of $6.04 billion during the quarter, compared to analyst estimates of $5.84 billion. On average, analysts predict that Neste OYJ will post 1.39 EPS for the current year.

Neste OYJ Company Profile

Neste OYJ is a Finland-based energy company with a strong focus on renewable and circular solutions. Headquartered in Espoo, the company operates one of the world’s largest renewable diesel production networks and offers a wide range of low-carbon fuels, sustainable aviation fuel (SAF) and renewable feedstocks derived from waste and residues. In addition to renewable products, Neste maintains traditional oil refining and marketing operations in selected markets.

The company’s Renewable Products segment processes raw materials such as used cooking oil, animal fat and industrial residues into high-performance renewable diesel and aviation fuel.