How Suzano S.A. (SUZ) Works From A Technical Perspective

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Suzano S.A. (NYSE:SUZ) finished Wednesday with a subtraction of -$0.17 to close at $8.35, a downside of -2.00 percent. An average of 1,520,160 shares of common stock have been traded in the last five days. There was a fall of -$0.22 in the past week, and it reached a new high 15 times over the past 12 months. The last 20 days have seen an average of 1,545,285 shares traded, while the 50-day average volume stands at 1,478,118.

SUZ stock has decreased by -11.08% in the last month. The company shares reached their 1-month lowest point of $8.13 on 09/19/22. With the stock rallying to its 52-week high on 03/18/22, shares of the company touched a low of $8.06 and a high of $12.68 in 52 weeks. It has reached a new high 14 times so far this year and lost -21.83% or -$2.45 in price. In spite of this, the price is down -34.17% from the 52-week high.


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Valuation Metrics

Suzano S.A. (SUZ) has a trailing price-to-earnings (P/E) ratio of 4.91. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.26, the price-to-book (PB) ratio at 0.46.

The company’s most recent quarterly dividend payment was $0.1263 a share, representing a down of -3.29% from $0.1306 last year. Its latest decrease dividend $0.0043 reported on Friday April 8 2022.

Financial Health

Its gross profit as reported stood at $3.77 billion compared to revenue of $7.59 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Suzano S.A. (SUZ) price momentum. RSI 9-day as of the close on 21 September was 40.03%, suggesting the stock is Neutral, with historical volatility in this time frame at 38.29%.

As of today, SUZ’s price is $8.39 -2.57% or -$0.22 from its 5-day moving average. SUZ is currently trading -14.01% lower than its 20-day SMA and -19.71% lower than its 100-day SMA. However, the stock’s current price level is -4.68% below the SMA50 and -17.08% below the SMA200.

The stochastic %K and %D were 40.82% and 32.60%, respectively, and the average true range (ATR) was 0.26. With the 14-day stochastic at 29.03% and the average true range at 0.27, the RSI (14) stands at 40.89%. The stock has reached -0.05 on the 9-day MACD Oscillator while the 14-day reading was at -0.02.

Analyst Ratings

Goldman upgraded Suzano S.A. (NYSE: SUZ) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Suzano S.A. (SUZ) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell SUZ, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 7 others rate it as a “buy”.

What is SUZ’s price target for the next 12 months?

Analysts predict a range of price targets between $9.92 and $16.41, with a median target of $13.22. Taking a look at these predictions, the average price target given by analysts for Suzano S.A. (SUZ) stock is $13.15.

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