The stock of Suzano S.A. (NYSE:SUZ) increased by $0.12 on Friday to finish at $10.18, up 1.19 percent. The last five days have seen an average of 797,920 shares of common stock traded. 12 times new highs were reached in the current year, with a gain of $0.94. The average number of shares traded over the last 20 days was 1,170,000, while the average volume over the last 50 days totaled 1,324,432.
SUZ stock appreciated 2.52% since last month. On 07/26/23, the company’s shares reached a one-month low of $9.58. The stock touched a high of $11.09 on 08/04/23, after rallying from a low of $7.46 in 52 weeks. The price of SUZ stock has risen by 10.17% or $0.94 this year, reaching a new high 12 times. Still, the stock price is down -8.21% from the 52-week high.
Valuation Metrics
Suzano S.A. (SUZ) has a trailing price-to-earnings (P/E) ratio of 2.87. Beta for the stock is 1.16.
Company paid $0.3230 per share in dividends, an increase of 155.74% from $0.1263 last year. A $0.1967 dividend increase was reported on Monday December 5 2022.
Financial Health
Based on annual data, it had gross profit of $4.84 billion and revenue of $9.65 billion.
Earnings Surprise
According to Suzano S.A.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. It was predicted that Suzano S.A.’s quarterly earnings would be $0.79, but it ended up being $0.98, beating the consensus by -19.40%. EBITDA was $1.01 billion for the quarter. At the end of Suzano S.A.’s most recent quarter ended June 29, its liabilities totaled 19.31 billion, while its total debt was $80.73 billion.
Technical Picture
Here’s a quick look at Suzano S.A.’s (SUZ) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 57.61%, suggesting the stock is Neutral, with a 19.84% historical volatility rate.
The stochastic %K and %D were 51.15% and 40.20% respectively, while the average true range (ATR) was 0.22. Based on the 14-day stochastic reading of 71.74%, the RSI (14) reading is 58.18%. On the 9-day MACD Oscillator, the stock is at 0.05, and the 14-day reading is at 0.03.
Analyst Ratings
In its most recent analyst report, JP Morgan raised its rating on Suzano S.A. (NYSE: SUZ) to an Overweight. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned Suzano S.A. (SUZ) an Overweight rating. SUZ is a stock that is recommended for selling by 1 brokerage firm, while 4 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 8 others recommend it as a buy.
What is SUZ’s price target for the next 12 months?
The current consensus forecast for the stock is between $10.08 and $14.93, with a median target price of $11.77. In analyzing these forecasts, the average price target given by analysts for Suzano S.A. (SUZ) is $12.21.
