Metso Oyj (OTCMKTS:MXCYY) has earned an average recommendation of “Buy” from the six research firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $11.00.
MXCYY has been the subject of several recent research reports. Jefferies Financial Group upgraded Metso Oyj from a “hold” rating to a “buy” rating in a report on Monday, July 1st. Zacks Investment Research upgraded Metso Oyj from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a report on Thursday, July 4th. ValuEngine downgraded Metso Oyj from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Kepler Capital Markets upgraded Metso Oyj from a “reduce” rating to a “buy” rating in a report on Tuesday.
Metso Oyj stock opened at $9.26 on Tuesday. The stock’s 50 day moving average is $9.29 and its 200 day moving average is $8.98. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 0.95. The firm has a market cap of $5.57 billion, a P/E ratio of 20.58, a P/E/G ratio of 1.11 and a beta of 1.77. Metso Oyj has a one year low of $6.22 and a one year high of $10.10.
Metso Oyj (OTCMKTS:MXCYY) last issued its quarterly earnings results on Thursday, July 25th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.03. Metso Oyj had a return on equity of 21.12% and a net margin of 8.05%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.03 billion. Equities analysts anticipate that Metso Oyj will post 0.56 earnings per share for the current fiscal year.
About Metso Oyj
Metso Corporation, an industrial company, provides equipment and services for the mining, aggregates, recycling, and process industries worldwide. The company operates through two segment, Minerals and Flow Control. It offers mining solutions, including crushing, screening, grinding, classification, beneficiation, dewatering, pyro processing, bulk materials handling, and slurry pumping solutions, as well as wear and spare parts; and aggregates, such as crushers, screens, feeders, rock breakers, air classifiers, lokotrack mobile plants, NW rapid and portable plants, stationary plants, slurry pumps, and preowned equipment, as well as wear and spare parts.
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