MERC stock icon

Mercer International
MERC

$7.90
3.42%

Market Cap: 528M

 

About: Mercer International Inc is a forest products company with two reportable operating segments in pulp and solid wood. The pulp segment consists of the manufacture, sale, and distribution of pulp, electricity, and chemicals. The solid wood segment consists of the manufacture, sale, and distribution of lumber, manufactured products wood pallets, electricity, biofuels, and wood residuals from sawmills and other facilities located in Germany and the United States. The company has a geographical presence in the USA, Germany, China, and Other countries, where the majority of revenue is generated from the USA. The majority of the revenue is generated from the Pulp segment.

Employees: 3,508

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

415% more call options, than puts

Call options by funds: $9.64M | Put options by funds: $1.87M

33% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 15

4% more funds holding

Funds holding: 118 [Q4 2023] → 123 (+5) [Q1 2024]

1.82% less ownership

Funds ownership: 85.75% [Q4 2023] → 83.93% (-1.82%) [Q1 2024]

26% less capital invested

Capital invested by funds: $541M [Q4 2023] → $398M (-$143M) [Q1 2024]

32% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 44

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 2 (-1) [Q1 2024]

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$10
27%
upside
Avg. target
$10
27%
upside
High target
$10
27%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
RBC Capital
Matthew McKellar
27%upside
$10
Sector Perform
Maintained
28 Feb 2024

Financial journalist opinion