Suzano S.A. Sponsored ADR (NYSE:SUZ) Receives Average Recommendation of “Buy” from Analysts

Shares of Suzano S.A. Sponsored ADR (NYSE:SUZ) have received an average rating of “Buy” from the five ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $13.40.

SUZ has been the subject of several research analyst reports. Jefferies Financial Group assumed coverage on shares of Suzano in a research note on Thursday, February 5th. They set a “buy” rating and a $13.40 target price for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Suzano in a report on Monday, December 29th. Finally, Zacks Research upgraded Suzano from a “strong sell” rating to a “strong-buy” rating in a research report on Thursday, January 8th.

Hedge Funds Weigh In On Suzano

Institutional investors have recently bought and sold shares of the business. Deutsche Bank AG increased its holdings in shares of Suzano by 4,452.8% in the 4th quarter. Deutsche Bank AG now owns 7,353,089 shares of the company’s stock worth $68,678,000 after buying an additional 7,191,583 shares during the last quarter. State Street Corp lifted its holdings in shares of Suzano by 17.5% in the 4th quarter. State Street Corp now owns 5,667,599 shares of the company’s stock valued at $54,086,000 after acquiring an additional 843,296 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Suzano by 30.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 4,474,671 shares of the company’s stock valued at $41,793,000 after acquiring an additional 1,037,976 shares during the last quarter. JPMorgan Chase & Co. grew its position in Suzano by 323.7% in the fourth quarter. JPMorgan Chase & Co. now owns 1,879,587 shares of the company’s stock worth $17,555,000 after acquiring an additional 1,435,994 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in Suzano by 4.9% during the third quarter. American Century Companies Inc. now owns 1,668,689 shares of the company’s stock worth $15,686,000 after acquiring an additional 77,356 shares during the last quarter. Institutional investors own 2.55% of the company’s stock.

Suzano Trading Down 1.1%

SUZ stock opened at $10.41 on Monday. The company has a debt-to-equity ratio of 2.09, a current ratio of 3.18 and a quick ratio of 2.59. Suzano has a 1-year low of $8.41 and a 1-year high of $11.53. The business has a 50 day simple moving average of $10.10 and a two-hundred day simple moving average of $9.54. The company has a market capitalization of $12.91 billion, a price-to-earnings ratio of 5.51, a PEG ratio of 0.20 and a beta of 0.67.

Suzano (NYSE:SUZ) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.02 earnings per share (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 firm had revenue of $2.52 billion for the quarter, compared to analysts’ expectations of $2.30 billion. Research analysts anticipate that Suzano will post 1.93 EPS for the current fiscal year.

Suzano Dividend Announcement

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

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.