Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) has received an average rating of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and two have issued a strong buy recommendation on the company.

Several brokerages have commented on NTOIY. Royal Bank Of Canada raised shares of Neste OYJ from a “hold” rating to a “moderate buy” rating in a research note on Thursday. The Goldman Sachs Group raised shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. UBS Group cut shares of Neste OYJ from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Finally, Berenberg Bank raised Neste OYJ from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 15th.

Neste OYJ Trading Down 2.5%

Shares of Neste OYJ stock traded down $0.40 during trading on Friday, hitting $15.68. 4,764 shares of the company were exchanged, compared to its average volume of 49,390. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.89 and a quick ratio of 0.95. The firm has a market capitalization of $24.10 billion and a P/E ratio of 174.26. The firm’s fifty day moving average price is $12.58 and its 200 day moving average price is $10.93. Neste OYJ has a 1-year low of $3.75 and a 1-year high of $16.14.

Neste OYJ (OTCMKTS:NTOIY) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). Neste OYJ had a net margin of 0.81% and a return on equity of 2.13%. The firm had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.59 billion.

Neste OYJ Company Profile

Neste OYJ is a Finland-based energy company with a strong focus on renewable and circular solutions. Headquartered in Espoo, the company operates one of the world’s largest renewable diesel production networks and offers a wide range of low-carbon fuels, sustainable aviation fuel (SAF) and renewable feedstocks derived from waste and residues. In addition to renewable products, Neste maintains traditional oil refining and marketing operations in selected markets.

The company’s Renewable Products segment processes raw materials such as used cooking oil, animal fat and industrial residues into high-performance renewable diesel and aviation fuel.