Neste OYJ - Unsponsored ADR (OTCMKTS:NTOIY) Receives Average Recommendation of "Buy" from Brokerages

Key Points

• Shares have an average analyst rating of Buy from seven firms — including four strong buy ratings, one buy and two hold recommendations.
• Neste reported an earnings beat with Q1 EPS of $0.40 versus $0.30 expected and revenue of $6.04 billion versus $5.84 billion, and analysts forecast roughly 0.98 EPS for the year.
• The Finland-based energy company focuses on renewable diesel, sustainable aviation fuel and low‑carbon feedstocks; it has a market cap of $26.48 billion and a P/E of 31.92, with the stock trading near its one‑year high (~$17.80).

Shares of Neste OYJ - Unsponsored ADR (OTCMKTS:NTOIY - Get Free Report) have been given an average rating of "Buy" by the seven research firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and four have assigned a strong buy recommendation to the company.

Several research firms have weighed in on NTOIY. Zacks Research upgraded shares of Neste OYJ from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. Royal Bank Of Canada upgraded shares of Neste OYJ from a "hold" rating to a "moderate buy" rating in a research note on Thursday, March 12th. The Goldman Sachs Group lowered shares of Neste OYJ from a "strong-buy" rating to a "hold" rating in a research report on Thursday, March 19th. Barclays upgraded shares of Neste OYJ from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 17th. Finally, UBS Group upgraded shares of Neste OYJ from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 24th.

Neste OYJ Stock Down 0.6%

NTOIY stock opened at $17.24 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.89 and a quick ratio of 0.95. Neste OYJ has a 1-year low of $4.89 and a 1-year high of $17.80. The firm has a fifty day moving average price of $14.99 and a two-hundred day moving average price of $12.41. The firm has a market cap of $26.48 billion and a price-to-earnings ratio of 31.92.

Neste OYJ (OTCMKTS:NTOIY - Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.10. Neste OYJ had a net margin of 3.78% and a return on equity of 10.12%. The firm had revenue of $6.04 billion during the quarter, compared to analyst estimates of $5.84 billion. Research analysts predict that Neste OYJ will post 0.98 EPS for the current year.

Neste OYJ Company Profile

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.

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