Suzano S.A. Sponsored ADR (NYSE:SUZ) Short Interest Update

by · The Markets Daily

Suzano S.A. Sponsored ADR (NYSE:SUZ – Get Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 5,683,685 shares, a growth of 71.2% from the December 15th total of 3,319,692 shares. Based on an average daily volume of 2,473,360 shares, the short-interest ratio is presently 2.3 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 2,473,360 shares, the short-interest ratio is presently 2.3 days.

Analyst Ratings Changes

Several equities analysts have commented on SUZ shares. Zacks Research raised shares of Suzano from a “strong sell” rating to a “strong-buy” rating in a research report on Thursday, January 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Suzano in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

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Suzano Stock Performance

Shares of Suzano stock traded down $0.10 on Friday, reaching $9.64. 2,388,021 shares of the company traded hands, compared to its average volume of 1,833,021. The company has a 50 day moving average of $9.21 and a 200 day moving average of $9.31. The company has a debt-to-equity ratio of 1.97, a current ratio of 3.20 and a quick ratio of 2.52. Suzano has a 52 week low of $8.41 and a 52 week high of $10.86. The firm has a market capitalization of $12.90 billion, a PE ratio of 10.04, a PEG ratio of 0.19 and a beta of 0.72.

Suzano (NYSE:SUZ – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). Suzano had a return on equity of 16.39% and a net margin of 13.03%.The company had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.23 billion. Equities analysts forecast that Suzano will post 1.93 earnings per share for the current year.

Suzano Announces Dividend

The company also recently declared a special dividend, which will be paid on Wednesday, February 11th. Stockholders of record on Monday, December 22nd will be paid a dividend of $0.2036 per share. The ex-dividend date is Monday, December 22nd. Suzano’s dividend payout ratio is presently 18.75%.

Institutional Investors Weigh In On Suzano

Several institutional investors have recently added to or reduced their stakes in the business. Aberdeen Group plc bought a new stake in shares of Suzano in the fourth quarter valued at approximately $1,056,000. Moody National Bank Trust Division grew its stake in Suzano by 14.9% in the 4th quarter. Moody National Bank Trust Division now owns 33,666 shares of the company’s stock valued at $314,000 after buying an additional 4,355 shares in the last quarter. Seafarer Capital Partners LLC bought a new stake in Suzano during the 4th quarter valued at $2,475,000. SG Americas Securities LLC bought a new stake in Suzano during the 4th quarter valued at $4,944,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Suzano by 80.5% during the third quarter. JPMorgan Chase & Co. now owns 443,593 shares of the company’s stock worth $4,170,000 after acquiring an additional 197,898 shares in the last quarter. 2.55% of the stock is owned by hedge funds and other institutional investors.

Suzano Company Profile

(Get Free Report)

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.

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