Stora Enso Oyj (OTCMKTS:SEOAY) Given Consensus Rating of “Hold” by Brokerages

Shares of Stora Enso Oyj (OTCMKTS:SEOAY) have been assigned an average recommendation of “Hold” from the five ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $10.80.

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

Stora Enso Oyj Stock Down 0.3%

Shares of Stora Enso Oyj stock opened at $11.59 on Friday. The stock has a market capitalization of $9.14 billion, a P/E ratio of 12.74 and a beta of 0.63. The company has a quick ratio of 0.66, a current ratio of 1.07 and a debt-to-equity ratio of 0.32. The stock has a 50 day moving average price of $11.56 and a two-hundred day moving average price of $12.11. Stora Enso Oyj has a 12-month low of $9.51 and a 12-month 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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.05). The company had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.69 billion. Stora Enso Oyj had a return on equity of 2.58% and a net margin of 6.63%. Equities analysts expect that Stora Enso Oyj will post 0.64 earnings per share for the current 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.