You might want to take a look at Suzano S.A. (SUZ) now

Suzano S.A. (NYSE: SUZ) stock jumped 0.89% on Friday to $9.03 against a previous-day closing price of $8.95. With 1.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.46 million shares. During the session, the Paper & Paper Products company that operates in wider Basic Materials sector, reached to the highest price of $9.07 whereas the lowest price it dropped to was $8.93. The 52-week range on SUZ shows that it touched its highest point at $12.68 and its lowest point at $8.06 during that stretch. It currently has a 1-year price target of $16.00. With its current market cap of 12.18 billion, SUZ has annualized dividend of $0.14 while the current yield stands at 1.55%.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SUZ was down-trending over the past week, with a drop of -0.88%, but this was down by -1.10% over a month. Three-month performance dropped to -13.87% while six-month performance fell -19.20%. The stock lost -14.27% in the past year, while it has lost -15.46% so far this year.

Float and Shares Shorts:

At present, 1.35 billion SUZ shares are outstanding with a float of 541.81 million shares on hand for trading. On Jul 14, 2022, short shares totaled 3.13 million, which was 0.23% higher than short shares on Jun 14, 2022. In addition to Mr. Walter Schalka as the firm’s CEO & Member of Management Board, Mr. Marcelo Feriozzi Bacci serves as its CFO, Exec. Officer of Fin. & Investor Relations and Member of Management Board.

Institutional Ownership:

Through their ownership of 2.38% of SUZ’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 1.47% of SUZ, in contrast to 0.61% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in SUZ with 0.30% of the stake, J.O. Hambro Capital Management Lt holds 4,064,373 shares worth 4,064,373. A second-largest stockholder of SUZ, Itau USA Asset Management, Inc., holds 3,806,571 shares, controlling over 0.28% of the firm’s shares. AMS Capital Ltda. is the third largest shareholder in SUZ, holding 3,467,889 shares or 0.26% stake. With a 0.26% stake in SUZ, the SPDR S&P Global Natural Resources is the largest stakeholder. A total of 3,464,561 shares are owned by the mutual fund manager. The JOHCM Emerging Markets Opportunit, which owns about 0.08% of SUZ stock, is the second-largest Mutual Fund holder. It holds 1,080,440 shares valued at 10.24 million. UBS holds 0.05% of the stake in SUZ, owning 684,917 shares worth 6.49 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SUZ since 13 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SUZ analysts setting a high price target of $16.48 and a low target of $11.29, the average target price over the next 12 months is $13.98. Based on these targets, SUZ could surge 82.5% to reach the target high and rise by 25.03% to reach the target low. Reaching the average price target will result in a growth of 54.82% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. SUZ will report FY 2022 earnings on 02/08/2023. Analysts have provided yearly estimates in a range of $3.78 being high and $0.62 being low. For SUZ, this leads to a yearly average estimate of $2.40. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Suzano S.A. surprised analysts by $0.14 when it reported $0.03 EPS against a consensus estimate of -$0.11. The surprise factor in the prior quarter was -$0.10. Based on analyst estimates, the high estimate for the next quarter is $0.75 and the low estimate is $0.12. The average estimate for the next quarter is thus $0.43.

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