ValuEngine cut shares of Sappi (OTCMKTS:SPPJY) from a hold rating to a sell rating in a report published on Tuesday.
Separately, Zacks Investment Research cut Sappi from a hold rating to a sell rating in a research report on Friday, July 27th.
Shares of SPPJY stock opened at $5.95 on Tuesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.64 and a quick ratio of 0.96. The company has a market cap of $3.07 billion, a P/E ratio of 9.30, a P/E/G ratio of 1.79 and a beta of 1.19. Sappi has a twelve month low of $5.28 and a twelve month high of $7.49.
Sappi (OTCMKTS:SPPJY) last announced its quarterly earnings results on Monday, August 13th. The basic materials company reported $0.10 earnings per share for the quarter. The company had revenue of $1.45 billion during the quarter. Sappi had a return on equity of 17.70% and a net margin of 5.60%. As a group, equities analysts predict that Sappi will post 0.61 earnings per share for the current year.
Sappi Company Profile
Sappi Limited, a woodfibre company, manufactures and sells dissolving wood pulp, paper pulp, and paper-based solutions to direct and indirect customers in North America, Europe, and Southern Africa. It offers graphic paper products that are used by printers in the production of books, brochures, magazines, catalogues, direct mail, newspapers, and other print applications; and packaging and specialty papers, which are used in the manufacture of soup sachets, luxury carry bags, cosmetic and confectionery packaging, boxes for agricultural products for export, and tissue wadding for household tissue products, as well as casting and release papers for fashion, textiles, automobile, and household industries.
Recommended Story: Short Selling
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Sappi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sappi and related companies with MarketBeat.com's FREE daily email newsletter.