Cosan (NYSE:CSAN - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued on Saturday.
Cosan Price Performance
Shares of Cosan stock traded up $0.25 during midday trading on Friday, hitting $5.98. 1,822,058 shares of the company traded hands, compared to its average volume of 893,633. Cosan has a 12 month low of $4.31 and a 12 month high of $10.78. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.73 and a current ratio of 1.86. The stock has a market cap of $2.79 billion, a price-to-earnings ratio of 4.53, a PEG ratio of 3.94 and a beta of 1.13. The firm's fifty day moving average price is $5.27 and its 200-day moving average price is $5.58.
Cosan (NYSE:CSAN - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported ($0.65) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.64). The business had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $7.17 billion. As a group, sell-side analysts forecast that Cosan will post 0.2 earnings per share for the current year.
Institutional Investors Weigh In On Cosan
A number of institutional investors have recently added to or reduced their stakes in CSAN. Citadel Advisors LLC grew its holdings in Cosan by 1,204.6% during the 4th quarter. Citadel Advisors LLC now owns 498,181 shares of the company's stock worth $2,710,000 after acquiring an additional 459,995 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its stake in shares of Cosan by 826.8% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 441,414 shares of the company's stock valued at $2,401,000 after purchasing an additional 393,784 shares during the last quarter. Itau Unibanco Holding S.A. boosted its stake in shares of Cosan by 28.3% in the 4th quarter. Itau Unibanco Holding S.A. now owns 1,452,659 shares of the company's stock valued at $7,670,000 after purchasing an additional 320,000 shares during the last quarter. Cubist Systematic Strategies LLC boosted its stake in shares of Cosan by 3,995.3% in the 1st quarter. Cubist Systematic Strategies LLC now owns 306,859 shares of the company's stock valued at $1,602,000 after purchasing an additional 299,366 shares during the last quarter. Finally, Moon Capital Management LP boosted its stake in shares of Cosan by 32.5% in the 4th quarter. Moon Capital Management LP now owns 1,217,023 shares of the company's stock valued at $6,621,000 after purchasing an additional 298,593 shares during the last quarter.
About Cosan
(
Get Free Report)
Cosan SA engages in the fuel distribution business. It operates through Raízen, Compass, Moove, Rumo, and Radar segments. The company's Raízen segment engages in the production, commercialization, origination, and trading of ethanol, bioenergy, renewable sources, and sugar; trading and resale of electricity; and distribution and commercialization of fuels and lubricants.
Further Reading
Before you consider Cosan, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cosan wasn't on the list.
While Cosan currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
