Q4 2021 EPS Estimates for Stora Enso Oyj Raised by Analyst (OTCMKTS:SEOAY)

Stora Enso Oyj (OTCMKTS:SEOAY) – Analysts at Jefferies Financial Group raised their Q4 2021 earnings per share (EPS) estimates for Stora Enso Oyj in a research report issued to clients and investors on Thursday, January 13th. Jefferies Financial Group analyst C. Hathorn now forecasts that the basic materials company will post earnings per share of $0.39 for the quarter, up from their previous forecast of $0.34. Jefferies Financial Group also issued estimates for Stora Enso Oyj’s FY2024 earnings at $1.38 EPS and FY2025 earnings at $1.38 EPS.

Stora Enso Oyj (OTCMKTS:SEOAY) last posted its quarterly earnings data on Wednesday, October 20th. The basic materials company reported $0.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.01). Stora Enso Oyj had a net margin of 9.23% and a return on equity of 8.36%. The firm had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $2.89 billion.

Other equities analysts also recently issued reports about the company. UBS Group reissued a “neutral” rating on shares of Stora Enso Oyj in a research note on Thursday, October 21st. Morgan Stanley initiated coverage on Stora Enso Oyj in a report on Tuesday, October 26th. They set an “underweight” rating on the stock. Finally, Zacks Investment Research cut Stora Enso Oyj from a “buy” rating to a “sell” rating in a report on Saturday, December 4th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $17.26.

Shares of OTCMKTS SEOAY opened at $19.27 on Friday. The business has a 50-day moving average price of $17.78 and a 200 day moving average price of $18.20. The company has a quick ratio of 0.95, a current ratio of 1.45 and a debt-to-equity ratio of 0.36. The stock has a market cap of $15.20 billion, a PE ratio of 14.38, a price-to-earnings-growth ratio of 0.73 and a beta of 1.28. Stora Enso Oyj has a 52-week low of $15.96 and a 52-week high of $20.91.

About Stora Enso Oyj

Stora Enso Oyj engages in the manufacturing and marketing of newsprint, book paper, magazine paper, fine paper, consumer board, industrial packaging, and wood products. It operates through the following divisions: Consumer Board, Packaging Solutions, Biomaterials, Wood Products, and Paper. The Consumer Board division develops and provides consumer packaging boards for printing and packaging applications.

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Earnings History and Estimates for Stora Enso Oyj (OTCMKTS:SEOAY)

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