Klabin (OTCMKTS:KLBAY) Issues Earnings Results

Key Points

• Klabin reported earnings of ($0.16) EPS for the quarter, missing analysts' consensus of $0.37 by $0.53, while posting a net margin of 7.13% and return on equity of 11.06%.
• Shares fell to $7.04, valuing the company at $21.96 billion with a P/E of 13.64 and PEG of 0.96, and Itau BBA cut its rating to "market perform" even though MarketBeat's average rating remains "Buy".

Klabin (OTCMKTS:KLBAY - Get Free Report) issued its earnings results on Wednesday. The basic materials company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by ($0.53), Zacks reports. Klabin had a net margin of 7.13% and a return on equity of 11.06%.

Klabin Price Performance

Shares of KLBAY stock traded down $0.06 during trading hours on Wednesday, hitting $7.04. The company's stock had a trading volume of 3,235 shares, compared to its average volume of 3,726. The business has a fifty day moving average of $7.48 and a 200-day moving average of $7.25. The stock has a market cap of $21.96 billion, a price-to-earnings ratio of 13.64, a P/E/G ratio of 0.96 and a beta of 0.70. Klabin has a twelve month low of $5.98 and a twelve month high of $10.23. The company has a current ratio of 2.06, a quick ratio of 1.64 and a debt-to-equity ratio of 2.43.

Analyst Ratings Changes

Separately, Itau BBA Securities cut shares of Klabin to a "market perform" rating in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Klabin has an average rating of "Buy".

Klabin Company Profile

Klabin SA is a Brazilian integrated paper and pulp company that develops, manufactures and sells a range of forest products and packaging solutions. Founded by the Klabin family in 1899 and headquartered in São Paulo, the company's activities span forestry management, pulp and paper manufacturing, containerboard and corrugated packaging production, and recycling operations. Klabin supplies both industrial and consumer-oriented paper and packaging products, including kraftliner, corrugating medium, cartonboard and specialty papers used across multiple end markets.

As an integrated forest products company, Klabin manages planted timberlands and brings raw material through its own supply chain into pulping and papermaking facilities.

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