As of Wednesday close, Suzano S.A.’s (NYSE:SUZ) stock was down -$0.07, moving down -0.67 percent to $10.45. The average number of shares traded per day over the past five days has been 1,140,080 shares. 5 times new highs have been achieved over the past 5 days, with a $0.29 gain in that time frame. In the last twenty days, the average volume was 1,240,475, while in the previous 50 days, it was 1,205,442.
Since last month, SUZ stock rose 3.36%. Shares of the company fell to $9.85 on 08/09/23, the lowest level in the past month. A 52-week high of $11.09 was reached on 08/30/23 after having rallying from a 52-week low of $7.46. Since the beginning of this year, SUZ’s stock price has risen by 13.10% or $1.21, and marked a new high 13 times. However, the stock has declined by -5.77% since its 52-week high.
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Valuation Metrics
Right now, Suzano S.A. (SUZ) has a P/E ratio of about 2.94. The stock’s beta is 1.16.
The latest dividend of $0.3230 per share was paid out, which is 155.74% more than last year’s $0.1263. On Monday December 5 2022, a $0.1967 dividend increase was announced.
Financial Health
Based on annual data, SUZ earned $4.84 billion in gross profit and brought in $9.65 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. While analysts expected Suzano S.A. to report $0.98 quarterly earnings, the actual figure was $0.79 per share, beating the consensus estimate by -19.40%. During the quarter, the company generated $1.01 billion in EBITDA. The liabilities of Suzano S.A. were 19.31 billion at the end of its most recent quarter ended June 29, and its total debt was $80.73 billion.
Technical Picture
This quick technical analysis looks at Suzano S.A.’s (SUZ) price momentum. With a historical volatility rate of 18.64%, the RSI 9-day stood at 65.68% on 30 August.
With respect to its five-day moving average, the current Suzano S.A. price is up by +2.85% percent or $0.29. At present, SUZ shares trade +5.24% above its 20-day simple moving average and +30.79% percent above its 100-day simple moving average. However, the stock is currently trading approximately +6.31% above its SMA50.
Stochastic coefficient K was 89.01% and Stochastic coefficient D was 82.27%, while ATR was 0.22. Given the Stochastic reading of 73.13% for the 14-day period, the RSI (14) reading has been calculated as 63.67%. As of today, the MACD Oscillator reading stands at 0.20, while the 14-day reading stands at 0.24.
Analyst Ratings
JP Morgan upgraded its rating on Suzano S.A. (NYSE: SUZ) to an Overweight in a note to investors on October 24, 2022. 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 4 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 8 recommending it as overweight.
With a median target price of $11.77, the current consensus forecast for the stock is $10.08 – $14.93. Based on these forecasts, analysts predict Suzano S.A. (SUZ) will achieve an average price target of $12.23.
