Klabin (KLBAY) Projected to Post Quarterly Earnings on Wednesday

Klabin (OTCMKTS:KLBAY) is expected to be releasing its results before the market opens on Wednesday, February 25th. Analysts expect Klabin to post earnings of $0.12 per share for the quarter.

Klabin (OTCMKTS:KLBAY) last released its quarterly earnings data on Wednesday, February 11th. The basic materials company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.05. Klabin had a return on equity of 11.36% and a net margin of 7.13%.The business had revenue of $956.36 million during the quarter, compared to the consensus estimate of $972.70 million. On average, analysts expect Klabin to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Klabin Price Performance

Shares of Klabin stock opened at $7.76 on Monday. The business’s fifty day moving average price is $7.37 and its 200 day moving average price is $7.03. Klabin has a twelve month low of $5.51 and a twelve month high of $10.23. The company has a current ratio of 2.12, a quick ratio of 1.67 and a debt-to-equity ratio of 2.32. The stock has a market capitalization of $24.22 billion, a P/E ratio of 15.03, a PEG ratio of 0.98 and a beta of 0.81.

Analysts Set New Price Targets

Separately, Itau BBA Securities downgraded Klabin to a “market perform” rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About Klabin

Klabin SA is a Brazilian integrated paper and pulp company that develops, manufactures and sells a range of forest products and packaging solutions. Founded by the Klabin family in 1899 and headquartered in São Paulo, the company’s activities span forestry management, pulp and paper manufacturing, containerboard and corrugated packaging production, and recycling operations. Klabin supplies both industrial and consumer-oriented paper and packaging products, including kraftliner, corrugating medium, cartonboard and specialty papers used across multiple end markets.

As an integrated forest products company, Klabin manages planted timberlands and brings raw material through its own supply chain into pulping and papermaking facilities.