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New Big Money Means Suzano S.A. ADR (SUZ) Investors Could Reap Benefit

Suzano S.A. ADR (NYSE: SUZ) is -7.66% lower on its value in year-to-date trading and has touched a low of $8.78 and a high of $12.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SUZ stock was last observed hovering at around $10.29 in the last trading session, with the day’s gains setting it 0.2%.

Currently trading at $10.49, the stock is 2.22% and 5.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.26 million and changing 1.94% at the moment leaves the stock 0.76% off its SMA200. SUZ registered -0.86% loss for a year compared to 6-month loss of 3.96%. The firm has a 50-day simple moving average (SMA 50) of $9.9688 and a 200-day simple moving average (SMA200) of $10.4108.

The stock witnessed a 8.82% gain in the last 1 month and extending the period to 3 months gives it a 5.11%, and is 1.25% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.82% over the week and 1.86% over the month.

Suzano S.A. ADR (SUZ) has around 49000 employees, a market worth around $13.00B and $8.42B in sales. Current P/E ratio is 16.44 and Fwd P/E is 8.47. Profit margin for the company is 9.64%. Distance from 52-week low is 19.48% and -19.18% from its 52-week high. The company has generated returns on investments over the last 12 months (3.47%).

The EPS is expected to shrink by -58.11% this year

The shares outstanding are 1.29B, and float is at 1.23B with Short Float at 0.25%.

The top institutional shareholder in the company is ATLAS FRM LLC with over 12.32 million shares valued at $126.53 million. The investor’s holdings represent 0.9584 of the SUZ Shares outstanding. As of 2024-06-30, the second largest holder is STATE STREET CORP with 4.03 million shares valued at $41.38 million to account for 0.3134 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 1.4 million shares representing 0.1088 and valued at over $14.37 million, while KAPITALO INVESTIMENTOS LTDA holds 0.1088 of the shares totaling 1.4 million with a market value of $14.37 million.

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