FY2019 EPS Estimates for Outokumpu (OUTKY) Lowered by Jefferies Group

Outokumpu (OTCMKTS:OUTKY) – Stock analysts at Jefferies Group cut their FY2019 earnings per share estimates for Outokumpu in a report released on Friday, April 6th. Jefferies Group analyst S. Rosenfeld now forecasts that the company will post earnings of $0.42 per share for the year, down from their prior estimate of $0.43.

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Separately, Zacks Investment Research upgraded Outokumpu from a “sell” rating to a “hold” rating in a report on Wednesday, December 27th.

Shares of OUTKY stock opened at $4.35 on Monday. Outokumpu has a twelve month low of $3.66 and a twelve month high of $5.38. The firm has a market capitalization of $3,622.46, a price-to-earnings ratio of -217.50 and a beta of -0.14.

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About Outokumpu

Outokumpu Oyj produces and sells various stainless steel products worldwide. The company offers coils and sheets, quarto plates, bars, precision strips, rebars, welded pipes, and wire rods, as well as semi-finished products comprising cast billets and blooms, rolled and forged billets, cast slabs, and ingots.

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