MERC FY2025 EPS Reduced by Raymond James Financial

Key Points

• Raymond James Financial has reduced its FY2025 EPS estimates for Mercer International to ($3.24), down from the previous forecast of ($2.61).
• The stock's consensus rating is currently "Reduce" with an average target price of $4.25, following multiple rating downgrades.
• Mercer International's stock has fallen 4.3%, trading at $2.42, after missing earnings estimates with a reported ($1.29) EPS for the last quarter.

Mercer International Inc. (NASDAQ:MERC - Free Report) TSE: MRI.U - Analysts at Raymond James Financial reduced their FY2025 EPS estimates for Mercer International in a research note issued to investors on Wednesday, October 15th. Raymond James Financial analyst D. Swetlishoff now anticipates that the basic materials company will post earnings of ($3.24) per share for the year, down from their prior forecast of ($2.61). The consensus estimate for Mercer International's current full-year earnings is ($0.29) per share. Raymond James Financial also issued estimates for Mercer International's FY2026 earnings at ($1.36) EPS.

MERC has been the subject of a number of other research reports. TD Securities cut their target price on shares of Mercer International from $3.50 to $3.00 and set a "hold" rating for the company in a research note on Tuesday, August 5th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Mercer International in a research note on Wednesday, October 8th. Finally, CIBC dropped their price objective on shares of Mercer International from $5.00 to $4.00 and set a "neutral" rating for the company in a research note on Tuesday, July 22nd. Four research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Reduce" and an average target price of $4.25.

Mercer International Stock Down 4.3%

MERC stock opened at $2.42 on Monday. The stock has a market capitalization of $162.09 million, a P/E ratio of -1.48 and a beta of 0.96. The firm has a 50-day simple moving average of $2.97 and a 200-day simple moving average of $3.60. The company has a quick ratio of 1.73, a current ratio of 3.10 and a debt-to-equity ratio of 3.42. Mercer International has a 52 week low of $2.38 and a 52 week high of $8.28.

Mercer International (NASDAQ:MERC - Get Free Report) TSE: MRI.U last released its earnings results on Thursday, July 31st. The basic materials company reported ($1.29) EPS for the quarter, missing analysts' consensus estimates of ($0.73) by ($0.56). The company had revenue of $453.52 million for the quarter, compared to analysts' expectations of $514.46 million. Mercer International had a negative return on equity of 23.88% and a negative net margin of 5.60%.

Institutional Trading of Mercer International

Several institutional investors have recently made changes to their positions in MERC. Gabelli Funds LLC acquired a new position in shares of Mercer International in the 2nd quarter worth approximately $1,804,000. Jump Financial LLC lifted its holdings in shares of Mercer International by 340.6% in the 2nd quarter. Jump Financial LLC now owns 276,837 shares of the basic materials company's stock worth $969,000 after acquiring an additional 214,008 shares during the last quarter. Gamco Investors INC. ET AL acquired a new position in shares of Mercer International in the 2nd quarter worth approximately $244,000. Finally, Quantbot Technologies LP lifted its holdings in shares of Mercer International by 943.3% in the 1st quarter. Quantbot Technologies LP now owns 20,470 shares of the basic materials company's stock worth $126,000 after acquiring an additional 18,508 shares during the last quarter. Hedge funds and other institutional investors own 85.79% of the company's stock.

Insider Activity

In other Mercer International news, Director Linda J. Welty acquired 10,000 shares of the company's stock in a transaction that occurred on Monday, August 18th. The stock was bought at an average price of $3.09 per share, with a total value of $30,900.00. Following the purchase, the director owned 36,290 shares in the company, valued at approximately $112,136.10. The trade was a 38.04% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Peter R. Kellogg acquired 760,000 shares of the company's stock in a transaction that occurred on Tuesday, July 22nd. The shares were acquired at an average cost of $3.25 per share, with a total value of $2,470,000.00. Following the purchase, the insider owned 2,300,000 shares in the company, valued at $7,475,000. This represents a 49.35% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 772,000 shares of company stock valued at $2,506,880. 1.00% of the stock is owned by corporate insiders.

Mercer International Company Profile

Mercer International Inc, together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) and northern bleached hardwood kraft (NBHK) pulp worldwide. The company operates through two segments, Pulp and Solid Wood. It manufactures, sells, and distributes pulp, electricity, and chemicals through pulp mills.

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