Mercer International Inc [MERC] stock prices are up 1.64% to $6.82 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MERC shares have lost -2.16% over the last week, with a monthly amount drifted -0.78%, and not 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.
The stock price of Mercer International Inc [MERC] has been fluctuating between $5.33 and $11.20 over the past year. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Mercer International Inc [NASDAQ: MERC] shares were valued at $6.82 at the most recent close of the market. An investor can expect a potential return of 17.3% based on the average MERC price forecast.
Analyzing the MERC fundamentals
The Mercer International Inc [NASDAQ:MERC] reported sales of 2.03B for trailing twelve months, representing a surge of 6.65%. Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.34 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 3.01.
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 6.65 points at the first support level, and at 6.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.93, and for the 2nd resistance point, it is at 7.04.
Ratios To Look Out For
It’s worth pointing out that Mercer International Inc [NASDAQ:MERC]’s Current Ratio is 3.79. As well, the Quick Ratio is 2.39, while the Cash Ratio is 0.86. Considering the valuation of this stock, the price to sales ratio is 0.21, the price to book ratio is 0.82.
Transactions by insiders
Recent insider trading involved Heine Eric Xavier, Vice President, that happened on Nov 20 ’24 when 26910.0 shares were sold. CEO & President, BUENO ESTRADA JUAN CARLOS completed a deal on Sep 13 ’24 to buy 7800.0 shares. Meanwhile, Director Rettig Rainer bought 4000.0 shares on Sep 11 ’24.
