Stora Enso Oyj (OTCMKTS:SEOAY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Stora Enso Oyj (OTCMKTS:SEOAY) have been assigned an average rating of “Hold” from the five analysts that are presently covering the firm, Marketbeat.com reports. One research 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 12 month price objective among brokers that have covered the stock in the last year is $10.80.

Separately, The Goldman Sachs Group upgraded shares of Stora Enso Oyj to a “strong sell” rating in a research report on Tuesday, March 24th.

Stora Enso Oyj Stock Performance

Shares of SEOAY stock opened at $11.61 on Friday. The firm has a 50-day moving average of $11.58 and a 200-day moving average of $12.09. The company has a market cap of $9.15 billion, a P/E ratio of 12.75 and a beta of 0.63. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.07 and a quick ratio of 0.57. Stora Enso Oyj has a one year low of $9.51 and a one year high of $14.41.

Stora Enso Oyj (OTCMKTS:SEOAY) last announced its earnings results on Thursday, May 7th. The basic materials company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.05). The firm had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $2.69 billion. Stora Enso Oyj had a net margin of 6.63% and a return on equity of 2.58%. Equities research analysts forecast that Stora Enso Oyj will post 0.64 EPS for the current fiscal 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.