At the time of writing, Mercer International Inc. [MERC] stock is trading at $7.11, up 1.57%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MERC shares have gain 7.24% over the last week, with a monthly amount glided 25.84%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Mercer International Inc. [NASDAQ: MERC] stock has seen the most recent analyst activity on January 12, 2024, when CIBC upgraded its rating to a Neutral. Previously, Raymond James downgraded its rating to Mkt Perform on August 04, 2023. On July 20, 2023, downgrade downgraded it’s rating to Sector Underperform but maintained its price target of $8 on the stock. Credit Suisse downgraded its rating to a Neutral and decreased its price target to $15.50 on February 10, 2023. CIBC downgraded its rating to a Neutral but $13 remained the price target by the analyst firm on January 10, 2023. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on December 08, 2022, and downed its price target to $14. In a note dated July 06, 2022, Credit Suisse upgraded an Outperform rating on this stock and boosted its target price from $18.50 to $19.
For the past year, the stock price of Mercer International Inc. fluctuated between $5.33 and $11.20. Currently, Wall Street analysts expect the stock to reach $13.25 within the next 12 months. Mercer International Inc. [NASDAQ: MERC] shares were valued at $7.11 at the most recent close of the market. An investor can expect a potential return of 86.36% based on the average MERC price forecast.
Analyzing the MERC fundamentals
According to Mercer International Inc. [NASDAQ:MERC], the company’s sales were 1.99B for trailing twelve months, which represents an -5.75% plunge. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.33 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.02 points at the first support level, and at 6.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.27, and for the 2nd resistance point, it is at 7.43.
Ratios To Look Out For
It is important to note that Mercer International Inc. [NASDAQ:MERC] has a current ratio of 3.46. Further, the Quick Ratio stands at 2.17, while the Cash Ratio is 0.85. Considering the valuation of this stock, the price to sales ratio is 0.24, the price to book ratio is 0.97.
Transactions by insiders
Recent insider trading involved BUENO ESTRADA JUAN CARLOS, CEO & President, that happened on Sep 13 ’24 when 7800.0 shares were purchased. Director, Rettig Rainer completed a deal on Sep 11 ’24 to buy 4000.0 shares. Meanwhile, Director North Janine bought 2000.0 shares on Sep 11 ’24.
