Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) Stock Rated “Strong Buy” by Sell-Side Analysts

Shares of Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY – Get Free Report) have earned an average rating of “Strong Buy” from the six research firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a buy recommendation and five have issued a strong buy recommendation on the company.

A number of analysts have weighed in on the stock. Zacks Research upgraded shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. The Goldman Sachs Group raised Neste OYJ from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 3rd.

Check Out Our Latest Report on Neste OYJ

Neste OYJ Stock Down 0.8%

Neste OYJ stock opened at $15.63 on Friday. The stock has a market cap of $24.02 billion, a P/E ratio of 8.52, a P/E/G ratio of 0.15 and a beta of -0.82. Neste OYJ has a twelve month low of $9.14 and a twelve month high of $20.29. The company has a quick ratio of 0.81, a current ratio of 1.80 and a debt-to-equity ratio of 0.50. The company’s 50-day moving average price is $18.39 and its two-hundred day moving average price is $16.16.

Neste OYJ (OTCMKTS:NTOIY – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.28. The firm had revenue of $7.29 billion for the quarter, compared to analyst estimates of $6.36 billion. Neste OYJ had a return on equity of 31.41% and a net margin of 10.79%. As a group, analysts expect that Neste OYJ will post 1.90 EPS for the current year.

Neste OYJ Company Profile

(Get Free Report)

Neste Oyj is a Finland-based company that produces renewable fuels and refined petroleum products. Its renewable products include renewable diesel and sustainable aviation fuel, which are made primarily from waste and residue oils and fats. The company also develops renewable raw-material solutions for the polymers and chemicals industries.

Neste operates traditional oil-refining and marketing businesses alongside its renewable fuels operations. Its products are supplied to transportation, aviation, marine, industrial and chemical customers, as well as through fuel stations and other retail channels in selected markets.

Founded in 1948, Neste was established to secure Finland’s petroleum supply and was formerly known as Neste Oil.

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Analyst Recommendations for Neste OYJ (OTCMKTS:NTOIY)

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