Stora Enso Oyj (SEOAY) Projected to Post Earnings on Thursday

Key Points

• Stora Enso Oyj is expected to announce its earnings on Thursday, October 23rd, with projected earnings of $0.07 per share and revenue of $2.3365 billion.
• The company recently paid a dividend of $0.0883 per share, which indicates a yield of 79.0%, but has a negative dividend payout ratio of -75.00%.
• Analysts have given the stock a consensus rating of "Reduce" with a price target of $10.80, reflecting mixed opinions on its future performance.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) is projected to post its results before the market opens on Thursday, October 23rd. Analysts expect Stora Enso Oyj to post earnings of $0.07 per share and revenue of $2.3365 billion for the quarter.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The basic materials company reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.07 by ($0.01). The business had revenue of $2.84 billion for the quarter, compared to analyst estimates of $2.47 billion. Stora Enso Oyj had a negative return on equity of 3.87% and a negative net margin of 1.18%. On average, analysts expect Stora Enso Oyj to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Stora Enso Oyj Price Performance

Shares of SEOAY opened at $10.22 on Thursday. The company has a market capitalization of $8.06 billion, a price-to-earnings ratio of -63.88 and a beta of 0.81. Stora Enso Oyj has a fifty-two week low of $7.97 and a fifty-two week high of $12.35. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.18 and a quick ratio of 0.80. The business's 50-day moving average is $11.28 and its 200-day moving average is $10.41.

Stora Enso Oyj Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, October 9th. Shareholders of record on Friday, September 26th were paid a $0.0883 dividend. This represents a yield of 79.0%. The ex-dividend date was Thursday, September 25th. Stora Enso Oyj's dividend payout ratio is currently -75.00%.

Analyst Ratings Changes

SEOAY has been the subject of a number of research reports. Wall Street Zen lowered shares of Stora Enso Oyj from a "hold" rating to a "sell" rating in a research note on Monday, July 28th. BNP Paribas upgraded Stora Enso Oyj from a "strong sell" rating to a "hold" rating and set a $10.80 price objective for the company in a report on Monday, September 29th. UBS Group cut Stora Enso Oyj from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 14th. Finally, Berenberg Bank raised Stora Enso Oyj to a "hold" rating in a research report on Friday, August 29th. Three 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, the stock has a consensus rating of "Reduce" and a consensus price target of $10.80.

About Stora Enso Oyj

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.

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