Mercer International (NASDAQ:MERC – Get Free Report) (TSE:MRI.U) will be posting its quarterly earnings results after the market closes on Thursday, August 8th. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Mercer International (NASDAQ:MERC – Get Free Report) (TSE:MRI.U) last announced its quarterly earnings results on Thursday, May 9th. The basic materials company reported $0.10 earnings per share for the quarter. The company had revenue of $553.43 million during the quarter. Mercer International had a negative return on equity of 26.21% and a negative net margin of 11.27%. On average, analysts expect Mercer International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Mercer International Stock Down 0.3 %
Shares of MERC stock opened at $6.46 on Wednesday. The stock has a 50 day moving average of $8.33 and a 200 day moving average of $9.05. The company has a current ratio of 3.74, a quick ratio of 2.38 and a debt-to-equity ratio of 2.82. The stock has a market cap of $431.85 million, a P/E ratio of -1.88 and a beta of 1.36. Mercer International has a twelve month low of $6.28 and a twelve month high of $11.20.
Mercer International Announces Dividend
Wall Street Analysts Forecast Growth
MERC has been the topic of several research analyst reports. StockNews.com raised Mercer International from a “sell” rating to a “hold” rating in a report on Saturday, July 20th. Raymond James raised their price objective on Mercer International from $8.50 to $10.50 and gave the company a “market perform” rating in a report on Friday, April 19th. Finally, TD Securities raised their price objective on Mercer International from $10.00 to $10.50 and gave the company a “hold” rating in a report on Tuesday, April 16th. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $9.67.
Read Our Latest Stock Report on MERC
Mercer International Company Profile
Mercer International Inc, together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) and northern bleached hardwood kraft (NBHK) pulp worldwide. The company operates through two segments, Pulp and Solid Wood. It manufactures, sells, and distributes pulp, electricity, and chemicals through pulp mills.
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