Mondi Plc (MONDY) to Post FY2017 Earnings of $3.53 Per Share, Jefferies Group Forecasts

Mondi Plc (OTCMKTS:MONDY) – Equities research analysts at Jefferies Group raised their FY2017 earnings estimates for shares of Mondi in a research note issued on Tuesday. Jefferies Group analyst J. Jordan now forecasts that the company will post earnings of $3.53 per share for the year, up from their previous estimate of $3.47. Jefferies Group also issued estimates for Mondi’s FY2018 earnings at $3.77 EPS and FY2019 earnings at $3.96 EPS.

Separately, Zacks Investment Research cut shares of Mondi from a “hold” rating to a “sell” rating in a research report on Friday, October 13th.

Shares of Mondi (MONDY) opened at $54.22 on Thursday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.39 and a quick ratio of 0.83. Mondi has a 52-week low of $38.15 and a 52-week high of $58.62.

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Mondi Company Profile

Mondi plc manufactures and sells packaging and paper products primarily in central Europe, Russia, North America, and South Africa. Its products include virgin and recycled containerboards, sack and specialty kraft papers, pulp, corrugated packaging products, industrial bags, extrusion coatings, films and hygiene components, release liners, consumer goods packaging products, office and professional printing papers, white-top kraftliners, and barrier coatings, as well as pre-made bags and pouches, printed laminates, and high-barrier films for the consumer industry.

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