Outokumpu (OTCMKTS:OUTKY – Get Free Report) will likely be posting its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $1.6185 billion for the quarter.
Outokumpu Price Performance
OUTKY remained flat at $3.41 during trading on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.56 and a quick ratio of 0.60. The company’s 50 day simple moving average is $3.20 and its 200-day simple moving average is $3.06. Outokumpu has a fifty-two week low of $1.89 and a fifty-two week high of $3.66. The firm has a market cap of $3.23 billion, a PE ratio of -22.73 and a beta of 0.75.
Analysts Set New Price Targets
Several research analysts have recently weighed in on the stock. Citigroup restated a “neutral” rating on shares of Outokumpu in a research note on Wednesday, May 20th. Oddo Bhf upgraded Outokumpu to an “outperform” rating in a report on Tuesday, May 26th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Outokumpu in a research report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.
About Outokumpu
Outokumpu Oyj is a Finland-based global producer of stainless steel products and one of Europe’s leading stainless steel manufacturers. Headquartered in Helsinki, the company traces its roots back to mining operations established in 1910 and has, over decades, transformed into a focused stainless steel specialist. Outokumpu’s core business encompasses the production of high-grade stainless steel in flat and long product forms, serving a broad range of industries including automotive, construction, energy, and consumer goods.
The company’s primary product portfolio includes cold-rolled and hot-rolled coils and sheets, plates, strips, bars and wire, as well as tailor-made and value-added solutions such as precision-cut blanks and welded tubes.
Read More
- Five stocks we like better than Outokumpu
- Broadcom’s $200 Billion Samsung Deal Shows How Costly the AI Memory Race Has Become
- 3 Refiners Benefiting From Oil Volatility and Tight Fuel Supply
- Carrier Earnings Could Send the Stock to a New All-Time High
- 3 Unique AI Software Plays With Strong Analyst Support
Receive News & Ratings for Outokumpu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Outokumpu and related companies with MarketBeat.com's FREE daily email newsletter.
