Mercer InternationalMERC
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,055% more call options, than puts
Call options by funds: $18.3M | Put options by funds: $1.58M
189% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 9
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
16% more capital invested
Capital invested by funds: $401M [Q1] → $465M (+$63.7M) [Q2]
14% more funds holding
Funds holding: 123 [Q1] → 140 (+17) [Q2]
3.01% less ownership
Funds ownership: 84.42% [Q1] → 81.41% (-3.01%) [Q2]
10% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 49
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
CIBC Hamir Patel 0 / 0 met price target | 26%upside $8.50 | Neutral Maintained | 13 Aug 2024 |
RBC Capital Matthew McKellar 100% 1-year accuracy 11 / 11 met price target | 19%upside $8 | Sector Perform Maintained | 12 Aug 2024 |
Financial journalist opinion
Based on 6 articles about MERC published over the past 30 days