Metso Oyj (NASDAQ:MXCYY) has received an average broker rating score of 4.00 (Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell rating.
Brokerages have set a 12-month consensus target price of $7.70 for the company, according to Zacks. Zacks has also assigned Metso Oyj an industry rank of 40 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded Metso Oyj from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Tuesday, June 13th.
Metso Oyj (NASDAQ MXCYY) traded down 0.96% during trading on Tuesday, hitting $8.23. 5,122 shares of the stock traded hands. The firm’s 50-day moving average is $8.39 and its 200-day moving average is $8.16. Metso Oyj has a 12 month low of $6.41 and a 12 month high of $9.15. The stock has a market cap of $4.94 billion and a P/E ratio of 32.05.
Metso Oyj (NASDAQ:MXCYY) last released its quarterly earnings data on Friday, July 21st. The industrial products company reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.03. The business had revenue of $742.36 million during the quarter. Metso Oyj had a return on equity of 10.95% and a net margin of 5.33%. On average, analysts forecast that Metso Oyj will post $0.30 EPS for the current year.
About Metso Oyj
Metso Oyj is a global supplier of technology and services for mining, aggregates, oil and gas, pulp, paper, as well as process industries. The Company’s segments include Minerals, Flow Control, and Group Head Office and other. The Minerals segment covers the Company’s mining, aggregates and recycling businesses.
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