Metso Oyj (MXCYY) Raised to Hold at ValuEngine

Metso Oyj (OTCMKTS:MXCYY) was upgraded by equities researchers at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

Separately, Zacks Investment Research lowered Metso Oyj from a “buy” rating to a “hold” rating in a research note on Wednesday, June 27th.

Shares of MXCYY opened at $8.57 on Wednesday. Metso Oyj has a 12-month low of $7.35 and a 12-month high of $9.36. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.13 and a current ratio of 1.69. The stock has a market cap of $5.33 billion, a P/E ratio of 35.71, a PEG ratio of 0.82 and a beta of 1.55.

Metso Oyj (OTCMKTS:MXCYY) last issued its quarterly earnings results on Thursday, July 26th. The industrial products company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. Metso Oyj had a return on equity of 13.05% and a net margin of 4.87%. The firm had revenue of $925.86 million for the quarter. analysts anticipate that Metso Oyj will post 0.41 EPS for the current fiscal year.

About Metso Oyj

Metso Corporation, an industrial company, provides equipment and services for mining, aggregates, recycling, oil, gas, pulp, paper, and process industries worldwide. The company operates through Minerals and Flow Control segments. It offers mining solutions, including crushing, screening, grinding, classification, beneficiation, dewatering, pyro processing, bulk materials handling, and slurry pumping solutions, as well as wear and spare parts; and aggregates, such as crushers, screens, feeders, lokotrack mobile plants, NW portable and rapid plants, rock breakers, air classifiers, slurry pumps, and preowned equipment, as well as wear and spare parts.

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