Metso Oyj (OTCMKTS:MXCYY) – Equities research analysts at Jefferies Financial Group boosted their FY2019 earnings estimates for shares of Metso Oyj in a research note issued on Thursday, February 7th. Jefferies Financial Group analyst O. Vaziri now forecasts that the industrial products company will post earnings per share of $0.53 for the year, up from their prior forecast of $0.51. Jefferies Financial Group also issued estimates for Metso Oyj’s FY2020 earnings at $0.56 EPS and FY2021 earnings at $0.60 EPS.
A number of other equities research analysts have also issued reports on the stock. ValuEngine lowered shares of Metso Oyj from a “hold” rating to a “sell” rating in a report on Monday, December 31st. UBS Group raised shares of Metso Oyj from a “sell” rating to a “neutral” rating in a report on Friday. Finally, Zacks Investment Research raised shares of Metso Oyj from a “hold” rating to a “buy” rating and set a $9.25 price objective for the company in a report on Thursday, October 18th.
Shares of MXCYY opened at $7.82 on Monday. Metso Oyj has a 12-month low of $6.22 and a 12-month high of $9.20. The stock has a market capitalization of $4.71 billion, a P/E ratio of 17.38, a PEG ratio of 0.84 and a beta of 1.55.
Metso Oyj (OTCMKTS:MXCYY) last released its earnings results on Wednesday, February 6th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.01. Metso Oyj had a net margin of 7.28% and a return on equity of 19.61%. The business had revenue of $1.02 billion during the quarter.
Metso Oyj Company Profile
Metso Corporation, an industrial company, provides equipment and services for mining, aggregates, recycling, oil, gas, pulp, paper, and process industries worldwide. The company operates through Minerals and Flow Control segments. It offers mining solutions, including crushing, screening, grinding, classification, beneficiation, dewatering, pyro processing, bulk materials handling, and slurry pumping solutions, as well as wear and spare parts; and aggregates, such as crushers, screens, feeders, lokotrack mobile plants, NW portable and rapid plants, rock breakers, air classifiers, slurry pumps, and preowned equipment, as well as wear and spare parts.
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