Mercer International Inc (NASDAQ:MERC) price on Friday, May 02, fall -7.13% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.91.
A look at the stock’s price movement, the close in the last trading session was $4.21, moving within a range at $3.779 and $4.27. Turning to its 52-week performance, $11.20 and $4.18 were the 52-week high and 52-week low respectively. Overall, MERC moved -34.40% over the past month.
Mercer International Inc’s market cap currently stands at around $261.47 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-30. The company has a Forward Dividend ratio of 0.30, with its dividend yield at 7.67%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 520.1M for the company’s revenue for the quarter, with a low and high estimate of 514.2M and 526M respectively. The average forecast suggests up to a 4.15% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.06B, representing a 1.01% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MERC is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 3 recommend MERC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MERC’s current price about -18.69% and -34.93% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 22.43, while 7-day volatility ratio is 6.89% and 7.09% in the 30-day chart. Further, Mercer International Inc (MERC) has a beta value of 1.17, and an average true range (ATR) of 0.31. Analysts have given the company’s stock an average 52-week price target of $13.25, forecast between a low of $8 and high of $18.5. Looking at the price targets, the low is -104.6% off current price level while to achieve the yearly target high, price needs to move -373.15%. Nonetheless, investors will most likely welcome a -238.87% jump to $13.25 which is the analysts’ median price.
If we refocus on Mercer International Inc (NASDAQ:MERC), historical trading data shows that trading volumes averaged 0.61 over the past 10 days and 409.83K over the past 3 months. The company’s latest data on shares outstanding shows there are 66.87 million shares.
The 42.86% of Mercer International Inc’s shares are in the hands of company insiders while institutional holders own 49.38% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.45 million on 2025-04-15, giving us a short ratio of 1.1. The data shows that as of 2025-04-15 short interest in Mercer International Inc (MERC) stood at 104.0 of shares outstanding, with shares short rising to 0.4 million registered in 2025-03-14. Current price change has pushed the stock -39.85% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MERC stock continues to rise going into the next quarter.
