Klabin SA (OTCMKTS:KLBAY - Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $6.88, but opened at $7.27. Klabin shares last traded at $7.20, with a volume of 1,500 shares traded.
Analysts Set New Price Targets
Separately, UBS Group raised shares of Klabin to a "hold" rating in a report on Thursday, April 10th.
Get Our Latest Research Report on Klabin
Klabin Trading Up 0.8%
The company has a fifty day simple moving average of $6.76 and a two-hundred day simple moving average of $6.86. The company has a quick ratio of 1.44, a current ratio of 1.96 and a debt-to-equity ratio of 3.06. The stock has a market capitalization of $22.21 billion, a P/E ratio of 14.10, a price-to-earnings-growth ratio of 0.55 and a beta of 1.02.
Klabin (OTCMKTS:KLBAY - Get Free Report) last posted its earnings results on Wednesday, May 7th. The basic materials company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.21). The business had revenue of $828.57 million for the quarter, compared to the consensus estimate of $4.80 billion. Klabin had a return on equity of 16.26% and a net margin of 8.66%. On average, sell-side analysts expect that Klabin SA will post 0.02 earnings per share for the current year.
Klabin Cuts Dividend
The business also recently disclosed a dividend, which was paid on Monday, June 2nd. Investors of record on Tuesday, May 20th were given a $0.0126 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a yield of 4.78%. Klabin's dividend payout ratio is currently 62.75%.
Klabin Company Profile
(
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Klabin SA, together with its subsidiaries, produces and exports packaging paper and sustainable paper packaging solutions in Brazil and internationally. The company engages in the planting of pine and eucalyptus; and forestry management business. It also produces and sells hardwood (eucalyptus), softwood (pine), and fluffed pulp; and paperboard, sackraft, Kraftliner paper, and recycled paper.
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