Stora Enso Oyj (OTCMKTS:SEOAY) Receives Consensus Recommendation of “Hold” from Brokerages

Stora Enso Oyj (OTCMKTS:SEOAY) has been given an average recommendation of “Hold” by the five brokerages that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $10.80.

Separately, BNP Paribas Exane began coverage on shares of Stora Enso Oyj in a report on Wednesday, June 10th. They set a “neutral” rating on the stock.

Stora Enso Oyj Stock Performance

Shares of SEOAY opened at $10.65 on Monday. The company’s 50 day moving average price is $11.03 and its 200 day moving average price is $11.81. Stora Enso Oyj has a 52 week low of $9.92 and a 52 week high of $14.41. The company has a market capitalization of $8.40 billion, a PE ratio of 12.68 and a beta of 0.64. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.57 and a current ratio of 1.07.

Stora Enso Oyj (OTCMKTS:SEOAY) last released its earnings results on Thursday, July 23rd. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.13). The company had revenue of $2.76 billion during the quarter, compared to analysts’ expectations of $2.79 billion. Stora Enso Oyj had a return on equity of 2.38% and a net margin of 6.20%. Research analysts expect that Stora Enso Oyj will post 0.66 EPS 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.