Mercer International Inc (NASDAQ: MERC) has reported E.P.S. of $-0.25 for its first fiscal quarter (ending March 31) versus $-0.46 for the same period a year ago. E.P.S. were $-3.43 for the latest four quarters through March 31 versus $1.93 for the same period a year ago — a decline of -278%.
Recent Price Action
On 5/9/24, Mercer International Inc (NASDAQ: MERC) stock rose modestly by 0.4%, closing at $10.81. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 5.6% during the last week.
Current PriceTarget Research Rating
MERC is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Mercer International has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Mercer International has a neutral Appreciation Score of 49 but a good Power Rating of 81, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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