Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) Given Average Rating of “Buy” by Brokerages

Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) has earned a consensus rating of “Buy” from the seven analysts that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have issued a strong buy rating on the company.

A number of brokerages have issued reports on NTOIY. UBS Group raised Neste OYJ from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. Zacks Research downgraded Neste OYJ from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Finally, The Goldman Sachs Group lowered Neste OYJ from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 19th.

Neste OYJ Trading Up 0.1%

Shares of OTCMKTS:NTOIY opened at $17.82 on Thursday. The company has a 50 day moving average of $16.29 and a 200-day moving average of $14.65. The company has a current ratio of 1.89, a quick ratio of 0.95 and a debt-to-equity ratio of 0.64. The firm has a market cap of $27.38 billion and a P/E ratio of 33.00. Neste OYJ has a twelve month low of $7.15 and a twelve month high of $18.11.

Neste OYJ (OTCMKTS:NTOIY) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.10. Neste OYJ had a net margin of 3.78% and a return on equity of 10.12%. The business had revenue of $6.04 billion for the quarter, compared to analyst estimates of $5.84 billion. As a group, analysts anticipate that Neste OYJ will post 1.37 earnings per share for the current fiscal year.

Neste OYJ Company Profile

Neste OYJ is a Finland-based energy company with a strong focus on renewable and circular solutions. Headquartered in Espoo, the company operates one of the world’s largest renewable diesel production networks and offers a wide range of low-carbon fuels, sustainable aviation fuel (SAF) and renewable feedstocks derived from waste and residues. In addition to renewable products, Neste maintains traditional oil refining and marketing operations in selected markets.

The company’s Renewable Products segment processes raw materials such as used cooking oil, animal fat and industrial residues into high-performance renewable diesel and aviation fuel.