Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) have earned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and two have issued a strong buy recommendation on the company.

NTOIY has been the subject of a number of recent analyst reports. UBS Group cut shares of Neste OYJ from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. The Goldman Sachs Group upgraded shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. Royal Bank Of Canada raised shares of Neste OYJ from a “hold” rating to a “moderate buy” rating in a report on Thursday. Finally, Berenberg Bank upgraded shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 15th.

Neste OYJ Trading Down 3.5%

Shares of Neste OYJ stock opened at $15.52 on Friday. Neste OYJ has a 12-month low of $3.75 and a 12-month high of $16.14. The stock has a market cap of $23.85 billion and a P/E ratio of 172.44. The company has a quick ratio of 0.95, a current ratio of 1.89 and a debt-to-equity ratio of 0.64. The business’s 50 day moving average is $12.66 and its 200-day moving average is $11.00.

Neste OYJ (OTCMKTS:NTOIY) last released its earnings results on Thursday, February 5th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.01). The firm had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.59 billion. Neste OYJ had a net margin of 0.81% and a return on equity of 2.13%.

About Neste OYJ

Neste OYJ is a Finland-based energy company with a strong focus on renewable and circular solutions. Headquartered in Espoo, the company operates one of the world’s largest renewable diesel production networks and offers a wide range of low-carbon fuels, sustainable aviation fuel (SAF) and renewable feedstocks derived from waste and residues. In addition to renewable products, Neste maintains traditional oil refining and marketing operations in selected markets.

The company’s Renewable Products segment processes raw materials such as used cooking oil, animal fat and industrial residues into high-performance renewable diesel and aviation fuel.