FY2018 Earnings Estimate for Stora Enso Oyj (SEOAY) Issued By Jefferies Financial Group

Stora Enso Oyj (OTCMKTS:SEOAY) – Equities researchers at Jefferies Financial Group lowered their FY2018 earnings per share estimates for shares of Stora Enso Oyj in a research report issued on Tuesday, October 30th. Jefferies Financial Group analyst C. Hathorn now anticipates that the basic materials company will post earnings per share of $1.41 for the year, down from their prior estimate of $1.45. Jefferies Financial Group also issued estimates for Stora Enso Oyj’s FY2020 earnings at $1.49 EPS.

Separately, Zacks Investment Research cut Stora Enso Oyj from a “buy” rating to a “hold” rating in a report on Thursday, October 11th.

Shares of SEOAY stock opened at $14.99 on Thursday. Stora Enso Oyj has a twelve month low of $14.26 and a twelve month high of $21.48. The stock has a market capitalization of $11.45 billion, a P/E ratio of 10.68, a PEG ratio of 0.83 and a beta of 1.19. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.24 and a quick ratio of 0.75.

Stora Enso Oyj Company Profile

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries worldwide. The company operates through five divisions: Consumer Board, Packaging Solutions, Biomaterials, Wood Products, and Paper. The Consumer Board division develops virgin fiber carton board used for packaging for liquid, food, pharmaceutical, and luxury goods.

Further Reading: Balanced Fund

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