Suzano S.A. (NYSE:SUZ) finished Thursday with an addition of $0.2 to close at $10.27, an upside of 1.94 percent. An average of 1,008,865 shares of common stock have been traded in the last five days. There was a fall of -$0.01 in the past week, and it reached a new high 10 times over the past 12 months. The last 20 days have seen an average of 1,122,866 shares traded, while the 50-day average volume stands at 1,347,526.
SUZ stock has increased by 10.85% in the last month. The company shares reached their 1-month lowest point of $9.01 on 07/19/23. With the stock rallying to its 52-week high on 08/04/23, shares of the company touched a low of $7.46 and a high of $11.09 in 52 weeks. It has reached a new high 12 times so far this year and achieved 11.09% or $1.03 in price. In spite of this, the price is down -7.44% from the 52-week high.
Valuation Metrics
Suzano S.A. (SUZ) has a trailing price-to-earnings (P/E) ratio of 3.53. The stock’s beta is 1.17. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.28, the price-to-book (PB) ratio at 0.31.
The company’s most recent quarterly dividend payment was $0.3230 a share, representing a up of 155.74% from $0.1263 last year. Its latest increase dividend $0.1967 reported on Monday December 5 2022.
Financial Health
Suzano S.A.’s EBITDA margin for the year ending June 29 is 59.46%. Its gross profit as reported stood at $4.84 billion compared to revenue of $9.65 billion.
Earnings Surprise
The analyst consensus anticipated Suzano S.A.’s latest quarter earnings to come in at $0.98 per share, but it turned out to be $0.79, a -19.40% surprise. For the quarter, EBITDA amounted to $1.01 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 10 August was 67.22%, suggesting the stock is Neutral, with historical volatility in this time frame at 20.82%.
As of today, SUZ’s price is $10.16 -0.15% or -$0.01 from its 5-day moving average. SUZ is currently trading +10.73% higher than its 20-day SMA and +24.42% higher than its 100-day SMA. However, the stock’s current price level is +15.73% above the SMA50 and +6.37% above the SMA200.
The stochastic %K and %D were 65.87% and 67.59%, respectively, and the average true range (ATR) was 0.25. With the 14-day stochastic at 70.87% and the average true range at 0.24, the RSI (14) stands at 65.34%. The stock has reached -0.01 on the 9-day MACD Oscillator while the 14-day reading was at 0.08.
Analyst Ratings
JP Morgan upgraded Suzano S.A. (NYSE: SUZ) to a an Overweight 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, 1 brokerage firm advise that investors sell SUZ, while 5 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 8 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 $9.29 and $14.93, with a median target of $11.66. Taking a look at these predictions, the average price target given by analysts for Suzano S.A. (SUZ) stock is $11.99.
