Research Analysts Offer Predictions for Smurfit Kappa Group PLC’s FY2018 Earnings (SMFKY)

Smurfit Kappa Group PLC (OTCMKTS:SMFKY) – Stock analysts at Jefferies Group upped their FY2018 earnings estimates for shares of Smurfit Kappa Group in a research note issued to investors on Thursday. Jefferies Group analyst J. Jordan now expects that the company will post earnings per share of $2.74 for the year, up from their prior estimate of $2.45. Jefferies Group also issued estimates for Smurfit Kappa Group’s FY2019 earnings at $2.86 EPS and FY2020 earnings at $3.02 EPS.

Several other equities research analysts also recently commented on SMFKY. Zacks Investment Research downgraded Smurfit Kappa Group from a “hold” rating to a “sell” rating in a report on Thursday, October 26th. ValuEngine raised Smurfit Kappa Group from a “hold” rating to a “buy” rating in a report on Friday, February 2nd.

Shares of Smurfit Kappa Group (OTCMKTS SMFKY) opened at $34.01 on Friday. Smurfit Kappa Group has a fifty-two week low of $24.71 and a fifty-two week high of $37.11. The company has a market capitalization of $8,163.92, a price-to-earnings ratio of 16.92, a PEG ratio of 3.14 and a beta of -0.57. The company has a current ratio of 1.21, a quick ratio of 0.89 and a debt-to-equity ratio of 1.07.

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Smurfit Kappa Group 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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