Sappi (OTCMKTS:SPPJY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

According to Zacks, “SAPPI LTD -ADR is the world ‘s leading producer of coated fine paper. They hold major market shares in Europe, North America and Africa. They have customers in over 100 countries worldwide. Their manufacturing operations span eight countries on three continents. “

Separately, ValuEngine cut Sappi from a “hold” rating to a “sell” rating in a research report on Tuesday, November 6th.

SPPJY opened at $5.41 on Wednesday. Sappi has a 1-year low of $5.28 and a 1-year high of $7.49. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.64 and a quick ratio of 0.96. The company has a market capitalization of $2.89 billion, a PE ratio of 9.02, a price-to-earnings-growth ratio of 0.83 and a beta of 1.17.

Sappi (OTCMKTS:SPPJY) last posted its quarterly earnings data on Thursday, November 15th. The basic materials company reported $0.19 earnings per share for the quarter. Sappi had a return on equity of 17.50% and a net margin of 5.56%. The company had revenue of $1.54 billion during the quarter. As a group, sell-side analysts predict that Sappi will post 0.69 EPS for the current year.

Sappi Company Profile

Sappi Limited, a woodfibre company, manufactures and sells dissolving wood pulp, paper pulp, and paper-based solutions to direct and indirect customers in North America, Europe, and Southern Africa. It offers graphic paper products that are used by printers in the production of books, brochures, magazines, catalogues, direct mail, newspapers, and other print applications; and packaging and specialty papers, which are used in the manufacture of soup sachets, luxury carry bags, cosmetic and confectionery packaging, boxes for agricultural products for export, and tissue wadding for household tissue products, as well as casting and release papers for fashion, textiles, automobile, and household industries.

See Also: How analysts view the yield curve

Get a free copy of the Zacks research report on Sappi (SPPJY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Sappi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sappi and related companies with's FREE daily email newsletter.