Smurfit Kappa to Post Q3 2017 Earnings of $0.60 Per Share, Jefferies Group Forecasts (SMFKY)
Smurfit Kappa (OTC:SMFKY) – Analysts at Jefferies Group decreased their Q3 2017 earnings per share (EPS) estimates for Smurfit Kappa in a research report issued on Monday. Jefferies Group analyst J. Jordan now anticipates that the company will post earnings per share of $0.60 for the quarter, down from their prior estimate of $0.68.
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A number of other equities analysts have also recently commented on the stock. ValuEngine raised shares of Smurfit Kappa from a “hold” rating to a “buy” rating in a research note on Friday, October 13th. Goldman Sachs Group, Inc. (The) raised shares of Smurfit Kappa from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 12th.
Smurfit Kappa (OTC:SMFKY) opened at 29.70 on Tuesday. The company has a market capitalization of $6.98 billion and a P/E ratio of 14.42. The stock’s 50 day moving average is $31.08 and its 200 day moving average is $29.64. Smurfit Kappa has a 52 week low of $21.31 and a 52 week high of $33.31.
Smurfit Kappa Company Profile
Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. The company operates through two segments, Europe and the Americas. It offers containerboards, corrugated containers, and other paper-based packaging products, such as solid boards, graphic boards, and bag-in-box.
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