Zacks Investment Research lowered shares of Metso Oyj (OTCMKTS:MXCYY) from a buy rating to a hold rating in a research report sent to investors on Wednesday.
According to Zacks, “Metso is a globally-leading supplier of processes, machinery and systems for the pulp and paper industry and a foremost expert in the key technologies of this sector. The Corporation is also a strong supplier in automation and flow control solutions, and one of the world’s leading suppliers of rock and mineral processing systems. The main customer sectors are the pulp and paper industry, construction and civil engineering, mining and the energy industry. “
Separately, ValuEngine lowered Metso Oyj from a hold rating to a sell rating in a report on Thursday, June 21st.
Metso Oyj opened at $8.35 on Wednesday, Marketbeat Ratings reports. The firm has a market capitalization of $4.86 billion, a P/E ratio of 34.80, a price-to-earnings-growth ratio of 0.74 and a beta of 1.44. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.13 and a current ratio of 1.69. Metso Oyj has a 12 month low of $7.35 and a 12 month high of $9.36.
Metso Oyj (OTCMKTS:MXCYY) last posted its earnings results on Wednesday, April 25th. The industrial products company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.09 by $0.01. The firm had revenue of $877.27 million for the quarter. Metso Oyj had a return on equity of 11.35% and a net margin of 4.27%. analysts predict that Metso Oyj will post 0.41 EPS for the current fiscal year.
Metso Oyj Company Profile
Metso Corporation, an industrial company, provides equipment and services for mining, aggregates, recycling, oil, gas, pulp, paper, and process industries worldwide. The company operates through Minerals and Flow Control segments. 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, lokotrack mobile plants, NW portable and rapid plants, rock breakers, air classifiers, slurry pumps, and preowned equipment, as well as wear and spare parts.
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