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

Suzano S.A. Sponsored ADR (NYSE:SUZ) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 6,813,259 shares, an increase of 20.8% from the January 15th total of 5,641,333 shares. Based on an average daily trading volume, of 2,557,361 shares, the short-interest ratio is presently 2.7 days. Based on an average daily trading volume, of 2,557,361 shares, the short-interest ratio is presently 2.7 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Zacks Research raised 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 research note on Monday, December 29th. Finally, Jefferies Financial Group assumed coverage on Suzano in a research note on Thursday, February 5th. They issued a “buy” rating and a $13.40 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Suzano presently has an average rating of “Buy” and a consensus target price of $13.40.

Institutional Investors Weigh In On Suzano

Institutional investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd raised its stake in shares of Suzano by 11,502.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,293 shares of the company’s stock valued at $40,000 after purchasing an additional 4,256 shares during the period. Parallel Advisors LLC raised its position in Suzano by 71.7% in the 3rd quarter. Parallel Advisors LLC now owns 9,341 shares of the company’s stock worth $88,000 after purchasing an additional 3,901 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Suzano by 16.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,017 shares of the company’s stock valued at $93,000 after acquiring an additional 1,400 shares during the period. Virtu Financial LLC purchased a new stake in shares of Suzano during the third quarter valued at approximately $94,000. Finally, Vident Advisory LLC bought a new stake in Suzano in the 2nd quarter worth $97,000. Institutional investors own 2.55% of the company’s stock.

Suzano Stock Performance

Shares of SUZ stock traded down $0.19 on Tuesday, reaching $10.99. The stock had a trading volume of 1,206,916 shares, compared to its average volume of 2,643,214. Suzano has a 12 month low of $8.41 and a 12 month high of $11.26. The firm has a market capitalization of $13.63 billion, a price-to-earnings ratio of 5.81, a P/E/G ratio of 0.22 and a beta of 0.72. The firm’s 50-day moving average is $9.60 and its two-hundred day moving average is $9.41. The company has a quick ratio of 2.59, a current ratio of 3.18 and a debt-to-equity ratio of 2.09.

Suzano (NYSE:SUZ) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $2.30 billion. On average, research analysts expect that Suzano will post 1.93 EPS for the current fiscal year.

Suzano Dividend Announcement

The business also recently declared a special dividend, which was paid on Wednesday, February 11th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.2036 per share. The ex-dividend date was Monday, December 22nd. Suzano’s dividend payout ratio is 9.52%.

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.