FY2025 EPS Estimates for MERC Cut by Raymond James Financial

Mercer International Inc. (NASDAQ:MERC) (TSE:MRI.U) – Investment analysts at Raymond James Financial lowered their FY2025 earnings estimates for shares of Mercer International in a research note issued on Wednesday, October 15th. Raymond James Financial analyst D. Swetlishoff now forecasts that the basic materials company will earn ($3.24) per share for the year, down from their previous estimate of ($2.61). The consensus estimate for Mercer International’s current full-year earnings is ($0.29) per share. Raymond James Financial also issued estimates for Mercer International’s FY2026 earnings at ($1.36) EPS.

Several other research analysts have also commented on the stock. TD Securities reduced their price objective on shares of Mercer International from $3.50 to $3.00 and set a “hold” rating for the company in a research note on Tuesday, August 5th. CIBC reduced their price objective on shares of Mercer International from $5.00 to $4.00 and set a “neutral” rating for the company in a research note on Tuesday, July 22nd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Mercer International in a research note on Wednesday, October 8th. Four equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $4.25.

Mercer International Trading Up 0.4%

NASDAQ MERC opened at $2.45 on Monday. The company has a quick ratio of 1.73, a current ratio of 3.10 and a debt-to-equity ratio of 3.42. The firm has a market cap of $164.10 million, a PE ratio of -1.50 and a beta of 0.96. The company has a 50 day moving average price of $2.96 and a 200 day moving average price of $3.58. Mercer International has a 52 week low of $2.38 and a 52 week high of $8.28.

Mercer International (NASDAQ:MERC) (TSE:MRI.U) last posted its quarterly earnings data on Thursday, July 31st. The basic materials company reported ($1.29) EPS for the quarter, missing the consensus estimate of ($0.73) by ($0.56). The firm had revenue of $453.52 million for the quarter, compared to the consensus estimate of $514.46 million. Mercer International had a negative return on equity of 23.88% and a negative net margin of 5.60%.

Insider Transactions at Mercer International

In related news, Director Linda J. Welty purchased 10,000 shares of the business’s stock in a transaction on Monday, August 18th. The shares were acquired at an average price of $3.09 per share, for a total transaction of $30,900.00. Following the purchase, the director owned 36,290 shares of the company’s stock, valued at $112,136.10. This trade represents a 38.04% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Gabelli Funds LLC acquired a new stake in shares of Mercer International in the second quarter worth $1,804,000. Jump Financial LLC increased its stake in shares of Mercer International by 340.6% in the second quarter. Jump Financial LLC now owns 276,837 shares of the basic materials company’s stock worth $969,000 after acquiring an additional 214,008 shares during the period. Gamco Investors INC. ET AL acquired a new stake in shares of Mercer International in the second quarter worth $244,000. Finally, Quantbot Technologies LP increased its stake in shares of Mercer International by 943.3% in the first quarter. Quantbot Technologies LP now owns 20,470 shares of the basic materials company’s stock worth $126,000 after acquiring an additional 18,508 shares during the period. Institutional investors and hedge funds own 85.79% of the company’s stock.

About Mercer International

Mercer International Inc, together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) and northern bleached hardwood kraft (NBHK) pulp worldwide. The company operates through two segments, Pulp and Solid Wood. It manufactures, sells, and distributes pulp, electricity, and chemicals through pulp mills.