Sappi Ltd ADS Stock Upgraded (SPP)
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Paper & Forest Products industry average. The net income increased by 21.6% when compared to the same quarter one year prior, going from $37.00 million to $45.00 million.
- Net operating cash flow has significantly increased by 74.19% to -$40.00 million when compared to the same quarter last year. In addition, SAPPI LTD has also vastly surpassed the industry average cash flow growth rate of -36.15%.
- SAPPI LTD has improved earnings per share by 28.6% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, SAPPI LTD swung to a loss, reporting -$0.44 versus $0.12 in the prior year. This year, the market expects an improvement in earnings ($0.17 versus -$0.44).
- Currently the debt-to-equity ratio of 1.70 is quite high overall and when compared to the industry average, suggesting that the current management of debt levels should be re-evaluated.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Paper & Forest Products industry and the overall market, SAPPI LTD's return on equity significantly trails that of both the industry average and the S&P 500.
-- Written by a member of TheStreet RatingsStaff
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.