Metso Oyj (MXCYY) Receives Consensus Rating of “Sell” from Analysts
Metso Oyj (NASDAQ:MXCYY) has been assigned an average broker rating score of 4.00 (Sell) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell recommendation.
Brokers have set a 1 year consensus price target of $7.78 for the company, according to Zacks. Zacks has also given Metso Oyj an industry rank of 35 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised Metso Oyj from a “hold” rating to a “buy” rating and set a $9.75 price target on the stock in a research report on Tuesday.
Shares of Metso Oyj (MXCYY) opened at 9.00 on Tuesday. The firm has a 50-day moving average price of $8.64 and a 200-day moving average price of $7.80. The firm has a market cap of $5.40 billion and a price-to-earnings ratio of 35.19. Metso Oyj has a 12-month low of $5.35 and a 12-month high of $9.15.
Metso Oyj (NASDAQ:MXCYY) last announced its quarterly earnings results on Tuesday, April 25th. The industrial products company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by $0.01. The business had revenue of $690.47 million for the quarter. Metso Oyj had a return on equity of 7.12% and a net margin of 3.70%. Equities research analysts anticipate that Metso Oyj will post $0.30 EPS for the current year.
Metso Oyj Company Profile
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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