Stora Enso Oyj (SEOAY) Expected to Announce Earnings on Wednesday

Stora Enso Oyj (OTCMKTS:SEOAY) is expected to release its results before the market opens on Wednesday, February 4th. Analysts expect Stora Enso Oyj to post earnings of $0.04 per share for the quarter.

Stora Enso Oyj Price Performance

SEOAY opened at $12.60 on Wednesday. Stora Enso Oyj has a twelve month low of $7.97 and a twelve month high of $12.80. The firm has a market cap of $9.94 billion, a price-to-earnings ratio of 1,261.66 and a beta of 0.71. The company has a current ratio of 1.23, a quick ratio of 0.80 and a debt-to-equity ratio of 0.35. The company has a fifty day simple moving average of $12.14 and a 200 day simple moving average of $11.52.

Analysts Set New Price Targets

Separately, Citigroup reiterated a “buy” rating on shares of Stora Enso Oyj in a research note on Monday. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $10.80.

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.