This trade activity should not be overlooked: Suzano S.A. (SUZ)

Suzano S.A. (NYSE: SUZ) stock fell -4.21% on Friday to $9.11 against a previous-day closing price of $9.51. With 2.34 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.71 million shares. During the session, the Paper & Paper Products company that operates in wider Basic Materials sector, reached to the highest price of $9.39 whereas the lowest price it dropped to was $9.11. The 52-week range on SUZ shows that it touched its highest point at $12.68 and its lowest point at $7.70 during that stretch. It currently has a 1-year price target of $13.37. With its current market cap of 12.32 billion, SUZ has annualized dividend of $0.48 while the current yield stands at 5.24%.

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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 -8.07%, but this was down by -0.65% over a month. Three-month performance dropped to -1.73% while six-month performance rose 9.76%. The stock lost -18.85% in the past year, while it has lost -1.41% so far this year. A look at the trailing 12-month EPS for SUZ yields 2.51 with Next year EPS estimates of 2.02.

Float and Shares Shorts:

At present, 1.31 billion SUZ shares are outstanding with a float of 1.31 billion shares on hand for trading. On Oct 13, 2022, short shares totaled 1.14 million, which was 0.09% higher than short shares on Sep 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 2.66% of SUZ’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 1.72% of SUZ, in contrast to 0.69% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in SUZ with 0.38% of the stake, J.O. Hambro Capital Management Lt holds 5,169,373 shares worth 5,169,373. A second-largest stockholder of SUZ, Platinum Investment Management Lt, holds 4,245,182 shares, controlling over 0.31% of the firm’s shares. SSgA Funds Management, Inc. is the third largest shareholder in SUZ, holding 3,260,468 shares or 0.24% stake. With a 0.26% stake in SUZ, the SPDR S&P Global Natural Resources is the largest stakeholder. A total of 3,577,914 shares are owned by the mutual fund manager. The JOHCM Emerging Markets Opportunit, which owns about 0.11% of SUZ stock, is the second-largest Mutual Fund holder. It holds 1,480,040 shares valued at 13.68 million. UBS holds 0.07% of the stake in SUZ, owning 899,517 shares worth 8.31 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SUZ since 12 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 2 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 $17.31 and a low target of $9.47, the average target price over the next 12 months is $13.18. Based on these targets, SUZ could surge 90.01% to reach the target high and rise by 3.95% to reach the target low. Reaching the average price target will result in a growth of 44.68% 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 02/07/2024. Analysts have provided yearly estimates in a range of $4.10 being high and $2.47 being low. For SUZ, this leads to a yearly average estimate of $3.12. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Suzano S.A. surprised analysts by $0.35 when it reported $0.79 EPS against a consensus estimate of $0.43. The surprise factor in the prior quarter was $0.14. Based on analyst estimates, the high estimate for the next quarter is $0.93 and the low estimate is $0.43. The average estimate for the next quarter is thus $0.76.

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