Shares of Mercer Worldwide Inc. (NASDAQ:MERC – Get Rating) (TSE:MRI.U) have earned a median score of “Maintain” from the six analysis companies which might be at present protecting the inventory, MarketBeat reviews. 4 analysts have rated the inventory with a maintain score and two have issued a purchase score on the corporate. The typical 1 yr value goal amongst brokers which have issued rankings on the inventory within the final yr is $19.25.
A number of analysis companies have issued reviews on MERC. CIBC downgraded Mercer Worldwide from an “outperform” score to a “impartial” score in a report on Monday. StockNews.com downgraded Mercer Worldwide from a “purchase” score to a “maintain” score in a analysis observe on Monday, October thirty first. Lastly, Royal Financial institution of Canada downgraded Mercer Worldwide from an “outperform” score to a “sector carry out” score and reduce their goal value for the corporate from $17.00 to $14.00 in a analysis observe on Wednesday, December seventh.
Institutional Buying and selling of Mercer Worldwide
A number of giant traders have just lately made adjustments to their positions in MERC. Lansing Road Advisors purchased a brand new stake in Mercer Worldwide throughout the third quarter valued at roughly $34,000. Mutual of America Capital Administration LLC boosted its stake in Mercer Worldwide by 16.7% throughout the 2nd quarter. Mutual of America Capital Administration LLC now owns 6,775 shares of the essential supplies firm’s inventory valued at $89,000 after buying an extra 970 shares throughout the interval. Counterpoint Mutual Funds LLC purchased a brand new stake in Mercer Worldwide throughout the third quarter valued at roughly $105,000. Quantbot Applied sciences LP purchased a brand new stake in Mercer Worldwide throughout the 1st quarter valued at roughly $155,000. Lastly, Russell Investments Group Ltd. boosted its stake in Mercer Worldwide by 18.4% throughout the 2nd quarter. Russell Investments Group Ltd. now owns 13,054 shares of the essential supplies firm’s inventory valued at $171,000 after buying an extra 2,031 shares throughout the interval. Institutional traders personal 78.22% of the corporate’s inventory.
Mercer Worldwide Inventory Up 1.8 %
Shares of NASDAQ:MERC traded up $0.22 throughout mid-day buying and selling on Monday, hitting $12.34. 190,189 shares of the corporate traded fingers, in comparison with its common quantity of 280,518. The agency has a market cap of $816.50 million, a P/E ratio of two.72 and a beta of 1.48. The corporate has a debt-to-equity ratio of 1.86, a fast ratio of two.20 and a present ratio of three.39. Mercer Worldwide has a 52-week low of $10.83 and a 52-week excessive of $17.50. The agency’s 50 day easy transferring common is $12.86 and its 200 day easy transferring common is $13.92.
Mercer Worldwide (NASDAQ:MERC – Get Rating) (TSE:MRI.U) final introduced its earnings outcomes on Thursday, October twenty seventh. The essential supplies firm reported $1.00 EPS for the quarter, beating the consensus estimate of $0.95 by $0.05. The enterprise had income of $532.81 million for the quarter. Mercer Worldwide had a return on fairness of 41.10% and a internet margin of 13.60%. On common, equities analysts anticipate that Mercer Worldwide will publish 3.84 EPS for the present yr.
Mercer Worldwide Declares Dividend
The enterprise additionally just lately declared a quarterly dividend, which was paid on Thursday, December twenty ninth. Stockholders of file on Wednesday, December twenty first have been paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Tuesday, December twentieth. This represents a $0.30 annualized dividend and a dividend yield of two.43%. Mercer Worldwide’s dividend payout ratio (DPR) is presently 6.62%.
About Mercer Worldwide
Mercer Worldwide Inc, along with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) pulp in Europe, america, Asia, and internationally. The corporate operates by two segments, Pulp and Wooden Merchandise. It additionally generates and sells inexperienced power produced from biomass cogeneration energy plant to 3rd get together utilities.
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