Stora Enso Oyj (OTCMKTS:SEOAY) Shares Gap Down - Should You Sell?

Key Points

• Stora Enso shares gapped down, opening at $11.41 from $12.19 and trading down about 4.5% on very light volume (215 shares).
• Analysts are mixed — the consensus rating is Hold with a $10.80 price target, while broker opinions range from Citigroup's "Buy" to Goldman Sachs' "Strong Sell".
• The company missed EPS in the latest quarter (‑$0.03 vs $0.04 expected) but beat revenue ($2.66B vs $2.26B); valuation and financials include a P/E of 11.31, debt/equity of 0.33 and a net margin of 7.58%.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $12.19, but opened at $11.41. Stora Enso Oyj shares last traded at $11.41, with a volume of 215 shares changing hands.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on SEOAY. The Goldman Sachs Group upgraded shares of Stora Enso Oyj to a "strong sell" rating in a research report on Tuesday, March 24th. Citigroup reiterated a "buy" rating on shares of Stora Enso Oyj in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Stora Enso Oyj currently has an average rating of "Hold" and a consensus price target of $10.80.

Stora Enso Oyj Stock Down 4.5%

The company has a debt-to-equity ratio of 0.33, a current ratio of 1.21 and a quick ratio of 0.66. The firm has a market capitalization of $9.01 billion, a P/E ratio of 11.31 and a beta of 0.72. The company's 50-day simple moving average is $12.35 and its two-hundred day simple moving average is $12.02.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The basic materials company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.07). The firm had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.26 billion. Stora Enso Oyj had a net margin of 7.58% and a return on equity of 3.18%. As a group, research analysts expect that Stora Enso Oyj will post 0.67 earnings per share for the current year.

Stora Enso Oyj Company Profile

Stora Enso Oyj is a Finland‐based provider of renewable solutions in packaging, biomaterials, wooden construction and paper. The company draws on centuries of forest industry experience and leverages sustainable practices to produce a wide array of products, including paperboard for consumer goods, specialty papers for printing and publishing, and pulp for industrial applications. Its portfolio also encompasses wood products such as cross-laminated timber, sawn timber and building components, designed to meet growing demand for environmentally friendly construction materials.

Formed through the 1998 merger of Swedish mining and forestry giant Stora and Finnish paper maker Enso, Stora Enso combines deep heritage with ongoing investments in innovation.

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