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

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

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

Stora Enso Oyj Stock Down 1.3%

SEOAY stock opened at $13.36 on Friday. The stock 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 current ratio of 1.23, a quick ratio of 0.80 and a debt-to-equity ratio of 0.35. The stock’s fifty day simple moving average is $12.57 and its two-hundred day simple moving average is $11.77. Stora Enso Oyj has a 1-year low of $7.97 and a 1-year high of $14.41.

Stora Enso Oyj (OTCMKTS:SEOAY) last released its earnings results on Wednesday, February 4th. The basic materials company reported ($0.03) EPS 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%. Analysts expect 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.