Analysts Offer Predictions for SMURFIT KAPPA G/ADR’s FY2019 Earnings (OTCMKTS:SMFKY)

SMURFIT KAPPA G/ADR (OTCMKTS:SMFKY) – Equities research analysts at Jefferies Financial Group issued their FY2019 EPS estimates for SMURFIT KAPPA G/ADR in a report released on Monday, December 9th, according to Zacks Investment Research. Jefferies Financial Group analyst C. Hathorn anticipates that the company will earn $3.06 per share for the year. Jefferies Financial Group also issued estimates for SMURFIT KAPPA G/ADR’s FY2020 earnings at $2.92 EPS, FY2021 earnings at $3.04 EPS and FY2022 earnings at $3.27 EPS.

Several other brokerages have also weighed in on SMFKY. ValuEngine lowered shares of SMURFIT KAPPA G/ADR from a “sell” rating to a “strong sell” rating in a research report on Tuesday, December 3rd. Zacks Investment Research upgraded shares of SMURFIT KAPPA G/ADR from a “sell” rating to a “hold” rating in a report on Saturday, October 5th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold”.

Shares of SMFKY traded up $1.05 during midday trading on Wednesday, reaching $39.03. 3,800 shares of the stock were exchanged, compared to its average volume of 5,868. The company has a market cap of $9.03 billion, a price-to-earnings ratio of 11.40 and a beta of 0.78. The firm has a 50 day simple moving average of $36.37 and a 200-day simple moving average of $32.60. SMURFIT KAPPA G/ADR has a 12-month low of $26.30 and a 12-month high of $39.57.

About SMURFIT KAPPA G/ADR

Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. It operates through two segments, Europe and the Americas. The company offers consumer, retail, industrial, e-commerce, heavy-duty corrugated, and hexacomb packaging products, as well as composite cardboard tubes, and bags and sacks; and bag-in-box, a single-use packaging system that comprises films, accessories, bags, taps, and boxes.

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