Suzano S.A. (SUZ): A Technical View

At the last check on Thursday, Suzano S.A.’s (NYSE:SUZ) stock was down -$0.26, moving down -2.86 percent to $8.84. The average number of shares traded per day over the past five days has been 2,259,200 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.12 fall in that time frame. In the last twenty days, the average volume was 1,472,940, while in the previous 50 days, it was 1,258,148.

Since last month, SUZ stock retreated -13.66%. Shares of the company fell to $8.90 on 06/23/22, the lowest level in the past month. A 52-week high of $12.68 was reached on 03/18/22 after having rallying from a 52-week low of $8.28. Since the beginning of this year, SUZ’s stock price has dropped by -14.81% or -$1.90, and marked a new high 14 times. However, the stock has declined by -30.31% since its 52-week high.


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Valuation Metrics

Right now, Suzano S.A. (SUZ) has a P/E ratio of about 5.71. Besides these, the trailing price-to-sales (P/S) ratio of 0.30, the price-to-book (PB) ratio of 0.91.

The latest dividend of $0.1263 per share was paid out, which is -3.27% less than last year’s $0.130570. On Friday April 8 2022, a $0.004270 dividend decrease was announced.

Financial Health

Based on annual data, SUZ earned $3.77 billion in gross profit and brought in $7.59 billion in revenue.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. During the quarter, the company generated $974.42 million in EBITDA. The liabilities of Suzano S.A. were 16.76 billion at the end of its most recent quarter, and its total debt was $85.52 billion.

Technical Picture

This quick technical analysis looks at Suzano S.A.’s (SUZ) price momentum. With a historical volatility rate of 22.73%, the RSI 9-day stood at 18.50% on 22 June.

With respect to its five-day moving average, the current Suzano S.A. price is down by -11.18% percent or -$1.12. At present, SUZ shares trade -17.97% below its 20-day simple moving average and -19.24% percent below its 100-day simple moving average. However, the stock is currently trading approximately -23.01% below its SMA50 and -26.26% below its SMA200.

Stochastic coefficient K was 6.10% and Stochastic coefficient D was 6.64%, while ATR was 0.35. Given the Stochastic reading of 0.00% for the 14-day period, the RSI (14) reading has been calculated as 26.52%. As of today, the MACD Oscillator reading stands at -0.50, while the 14-day reading stands at -0.95.

Analyst Ratings

Goldman upgraded its rating on Suzano S.A. (NYSE: SUZ) to a Buy in a note to investors on October 19, 2020. The analysts firm previously had a Neutral rating on the stock.Suzano S.A. (SUZ) has been rated Overweight by analysts. According to 1 brokerage firm, SUZ is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Suzano S.A. stock as buy, with 9 recommending it as overweight.

With a median target price of $15.56, the current consensus forecast for the stock is $12.10 – $17.45. Based on these forecasts, analysts predict Suzano S.A. (SUZ) will achieve an average price target of $15.22.

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