MERCER INTERNATIONAL INC.
No SEC Form 4 filings for $MERC in the last 30 days.
The Philippine Stock Exchange index (PSEi) ended down 0.77% (46.14 points) at 5,963.24, slipping below 6,000 after renewed geopolitical fears, according to AB Capital Securities. The All Shares index fell 0.53% to 3,353.94. Turnover eased to P5.05 billion and net foreign selling widened. ICTSI led decliners, down 3.27% to P799.
Analysts have issued neutral ratings for Mercer International (MERC), Cf Industries Holdings (CF), and Nexa Resources SA (NEXA), indicating neither a bullish nor bearish outlook. RBC Capital reiterated a Hold rating for Mercer International with a price target of $1.00, while Scotiabank maintained a Hold rating for Cf Industries Holdings with a $120.00 price target and for Nexa Resources SA with a $14.00 price target. These ratings reflect an overall cautious stance on the performance of these materials stocks.
Mercer International reported a deeper net loss of $52.0 million for Q1 2026, compared to $22.3 million in Q1 2025, with revenues decreasing to $489.3 million. The company's profitability was impacted by higher fiber costs, a $22.0 million non-cash inventory impairment, and unfavorable foreign exchange rates, leading to a leverage covenant waiver for its German revolving credit facility. Mercer is implementing a "One Goal One Hundred" cost-saving program and has a $171 million mass timber order book, expecting market recovery in the latter half of 2026.
