Suzano S.A. Sponsored ADR (NYSE:SUZ) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Suzano S.A. Sponsored ADR (NYSE:SUZ) have earned a consensus recommendation of “Moderate Buy” from the five research firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $13.40.

A number of equities research analysts have commented on the stock. Zacks Research lowered shares of Suzano from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Jefferies Financial Group initiated coverage on shares of Suzano in a research note on Thursday, February 5th. They issued a “buy” rating and a $13.40 target price for the company. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Suzano in a research report on Monday, December 29th.

Suzano Trading Down 2.0%

Shares of SUZ opened at $9.63 on Friday. The company has a debt-to-equity ratio of 2.27, a quick ratio of 2.59 and a current ratio of 3.18. The company has a market cap of $11.94 billion, a price-to-earnings ratio of 5.09, a PEG ratio of 0.20 and a beta of 0.67. The stock has a fifty day moving average price of $10.27 and a two-hundred day moving average price of $9.57. Suzano has a 52-week low of $8.41 and a 52-week high of $11.53.

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Deutsche Bank AG boosted its position in Suzano by 4,452.8% in the 4th quarter. Deutsche Bank AG now owns 7,353,089 shares of the company’s stock valued at $68,678,000 after buying an additional 7,191,583 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Suzano by 323.7% during 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 during the last quarter. Compass Rose Asset Management LP acquired a new position in shares of Suzano during the third quarter valued at $9,917,000. Goldman Sachs Group Inc. lifted its stake in shares of Suzano by 30.2% during the fourth 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 period. Finally, State Street Corp boosted its holdings in Suzano by 17.5% in the fourth 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. 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.