Metso Oyj (OTCMKTS:MXCYY) Upgraded at ValuEngine

ValuEngine upgraded shares of Metso Oyj (OTCMKTS:MXCYY) from a sell rating to a hold rating in a report released on Tuesday morning, ValuEngine reports.

Several other research analysts have also weighed in on MXCYY. Kepler Capital Markets raised Metso Oyj from a reduce rating to a buy rating in a research report on Tuesday, September 3rd. Zacks Investment Research upgraded Metso Oyj from a sell rating to a hold rating in a research note on Saturday, November 16th. JPMorgan Chase & Co. downgraded Metso Oyj from an overweight rating to a neutral rating in a report on Wednesday, October 2nd. Finally, Credit Suisse Group lowered Metso Oyj from a neutral rating to an underperform rating in a research note on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of $11.00.

Shares of MXCYY remained flat at $$9.07 during mid-day trading on Tuesday. 230 shares of the company traded hands, compared to its average volume of 544. The business has a fifty day moving average of $9.69 and a 200-day moving average of $9.33. The company has a current ratio of 1.74, a quick ratio of 1.07 and a debt-to-equity ratio of 0.54. Metso Oyj has a twelve month low of $6.22 and a twelve month high of $10.48. The company has a market cap of $5.44 billion, a PE ratio of 20.16, a PEG ratio of 0.89 and a beta of 1.79.

Metso Oyj (OTCMKTS:MXCYY) last posted its quarterly earnings results on Friday, October 25th. The industrial products company reported $0.14 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.01. The company had revenue of $1.04 billion for the quarter. Metso Oyj had a net margin of 8.18% and a return on equity of 20.00%. Research analysts forecast that Metso Oyj will post 0.55 earnings per share for the current year.

About Metso Oyj

Metso Corporation, an industrial company, provides equipment and services for the mining, aggregates, recycling, and process industries worldwide. The company operates through two segment, Minerals and Flow Control. 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, rock breakers, air classifiers, lokotrack mobile plants, NW rapid and portable plants, stationary plants, slurry pumps, and preowned equipment, as well as wear and spare parts.

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Analyst Recommendations for Metso Oyj (OTCMKTS:MXCYY)

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