Stora Enso Oyj (OTCMKTS:SEOAY) Given Consensus Rating of “Hold” by Brokerages

Shares of Stora Enso Oyj (OTCMKTS:SEOAY) have been assigned an average rating of “Hold” from the five brokerages that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $10.80.

SEOAY has been the topic of a number of recent research reports. BNP Paribas Exane started coverage on Stora Enso Oyj in a research note on Wednesday, June 10th. They set a “neutral” rating on the stock. The Goldman Sachs Group raised Stora Enso Oyj to a “strong sell” rating in a research note on Tuesday, March 24th.

Stora Enso Oyj Stock Down 0.3%

Shares of SEOAY opened at $10.65 on Thursday. Stora Enso Oyj has a 52 week low of $9.92 and a 52 week high of $14.41. The stock has a market capitalization of $8.40 billion, a price-to-earnings ratio of 11.70 and a beta of 0.63. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.57 and a current ratio of 1.07. The stock has a fifty day moving average of $11.40 and a 200-day moving average of $12.05.

Stora Enso Oyj (OTCMKTS:SEOAY) last issued its quarterly earnings data on Thursday, May 7th. The basic materials company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.05). Stora Enso Oyj had a return on equity of 2.58% and a net margin of 6.63%.The firm had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.69 billion. As a group, sell-side analysts anticipate that Stora Enso Oyj will post 0.67 earnings per share for the current fiscal 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.