Stora Enso Oyj (OTCMKTS:SEOAY – Get Rating) – Equities research analysts at Jefferies Financial Group lowered their FY2023 earnings per share estimates for Stora Enso Oyj in a research note issued to investors on Wednesday, September 21st. Jefferies Financial Group analyst C. Hathorn now anticipates that the basic materials company will earn $1.29 per share for the year, down from their prior forecast of $1.31. The consensus estimate for Stora Enso Oyj's current full-year earnings is $1.54 per share. Jefferies Financial Group also issued estimates for Stora Enso Oyj's FY2024 earnings at $1.20 EPS and FY2025 earnings at $1.23 EPS.

Stora Enso Oyj (OTCMKTS:SEOAY – Get Rating) last announced its quarterly earnings data on Friday, July 22nd. The basic materials company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.10). Stora Enso Oyj had a return on equity of 10.81% and a net margin of 13.60%. The business had revenue of $3.25 billion during the quarter, compared to analysts' expectations of $3.08 billion.

Stora Enso Oyj Price Performance

Shares of SEOAY opened at $13.55 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.38 and a quick ratio of 0.89. The company has a market capitalization of $10.69 billion, a price-to-earnings ratio of 6.27, a P/E/G ratio of 3.32 and a beta of 1.13. The business's 50-day moving average is $15.01 and its 200-day moving average is $17.30. Stora Enso Oyj has a fifty-two week low of $13.46 and a fifty-two week high of $21.65.

Stora Enso Oyj Company Profile

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Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries worldwide. 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 renewable and recyclable packaging materials for food and drink, pharmaceutical, and transport packaging.

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