SMURFIT KAPPA G/ADR (SMFKY) to Post FY2018 Earnings of $3.12 Per Share

SMURFIT KAPPA G/ADR (OTCMKTS:SMFKY) – Equities researchers at Jefferies Financial Group decreased their FY2018 EPS estimates for shares of SMURFIT KAPPA G/ADR in a research report issued to clients and investors on Monday, November 5th. Jefferies Financial Group analyst C. Hathorn now anticipates that the company will post earnings of $3.12 per share for the year, down from their previous estimate of $3.18. Jefferies Financial Group also issued estimates for SMURFIT KAPPA G/ADR’s FY2019 earnings at $3.24 EPS, FY2020 earnings at $3.44 EPS and FY2021 earnings at $3.59 EPS.

Several other brokerages have also recently commented on SMFKY. Zacks Investment Research raised SMURFIT KAPPA G/ADR from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a research report on Wednesday, August 22nd. ValuEngine cut SMURFIT KAPPA G/ADR from a “hold” rating to a “sell” rating in a research report on Tuesday.

SMFKY stock opened at $30.83 on Thursday. SMURFIT KAPPA G/ADR has a fifty-two week low of $29.21 and a fifty-two week high of $45.51. The company has a quick ratio of 1.36, a current ratio of 1.75 and a debt-to-equity ratio of 1.43. The stock has a market cap of $7.83 billion, a PE ratio of 15.49, a PEG ratio of 2.07 and a beta of 0.63.

About SMURFIT KAPPA G/ADR

Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. The company operates through Europe and the Americas segments. It offers containerboards, corrugated containers, and other paper-based packaging products, such as solid boards, graphic boards, and bag-in-box.

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