Suzano S.A. Sponsored ADR (NYSE:SUZ) Receives $13.40 Consensus Price Target from Analysts

Shares of Suzano S.A. Sponsored ADR (NYSE:SUZ) have received an average recommendation of “Buy” from the five analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $13.40.

Several analysts have recently weighed in on SUZ shares. Zacks Research upgraded Suzano from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, January 8th. Weiss Ratings restated a “hold (c)” rating on shares of Suzano in a research note on Monday, December 29th. Finally, Jefferies Financial Group assumed coverage on Suzano in a research note on Thursday, February 5th. They set a “buy” rating and a $13.40 target price for the company.

Suzano Stock Down 0.7%

SUZ opened at $10.77 on Monday. The company has a debt-to-equity ratio of 2.09, a quick ratio of 2.59 and a current ratio of 3.18. The company has a market cap of $13.35 billion, a price-to-earnings ratio of 5.70, a PEG ratio of 0.21 and a beta of 0.67. Suzano has a one year low of $8.41 and a one year high of $11.53. The business’s fifty day moving average is $10.05 and its two-hundred day moving average is $9.53.

Suzano (NYSE:SUZ) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.09) by $0.11. Suzano had a net margin of 26.11% and a return on equity of 30.84%. The business had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.30 billion. Analysts anticipate that Suzano will post 1.93 EPS for the current fiscal year.

Suzano Announces Dividend

The company also recently declared a special dividend, which was paid on Wednesday, February 11th. Stockholders of record on Monday, December 22nd were given a $0.2036 dividend. The ex-dividend date of this dividend was Monday, December 22nd. Suzano’s dividend payout ratio (DPR) is currently 9.52%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd boosted its stake in Suzano by 18,802.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,994 shares of the company’s stock worth $65,000 after purchasing an additional 6,957 shares in the last quarter. Virtu Financial LLC boosted its stake in Suzano by 61.8% in the fourth quarter. Virtu Financial LLC now owns 16,231 shares of the company’s stock valued at $152,000 after acquiring an additional 6,197 shares during the last quarter. Compound Planning Inc. grew its holdings in Suzano by 7.6% during the 4th quarter. Compound Planning Inc. now owns 19,988 shares of the company’s stock worth $187,000 after acquiring an additional 1,419 shares during the period. Vident Advisory LLC raised its position in shares of Suzano by 19.5% during the 4th quarter. Vident Advisory LLC now owns 16,427 shares of the company’s stock valued at $153,000 after acquiring an additional 2,679 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in shares of Suzano in the 4th quarter valued at $285,000. Institutional investors and hedge funds own 2.55% of the company’s stock.

About Suzano

Suzano SA is a Brazil-based pulp and paper company recognized as one of the world’s leading producers of eucalyptus pulp. The company develops and supplies a wide range of fiber-based products that serve global demand in printing and writing papers, tissue paper, packaging, and specialty paper markets. With an extensive network of industrial units and logistics operations, Suzano manages every stage of production from forest plantations to final delivery, emphasizing integrated operations and quality control.

At the core of Suzano’s business is its sustainable forestry model, which covers more than one million hectares of managed eucalyptus plantations across Brazil.