Cosan (NYSE:CSAN - Get Free Report)'s stock had its "sell (d)" rating restated by equities researchers at Weiss Ratings in a note issued to investors on Friday,Weiss Ratings reports.
A number of other research analysts have also issued reports on the company. HSBC reiterated a "reduce" rating and issued a $4.40 target price on shares of Cosan in a report on Monday, September 22nd. Hsbc Global Res upgraded Cosan to a "moderate sell" rating in a research note on Monday, September 22nd. Zacks Research lowered shares of Cosan from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 26th. Wall Street Zen raised shares of Cosan from a "sell" rating to a "hold" rating in a report on Friday, August 22nd. Finally, The Goldman Sachs Group lowered their price target on shares of Cosan from $6.60 to $5.00 and set a "neutral" rating for the company in a report on Wednesday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $9.47.
Read Our Latest Stock Report on CSAN
Cosan Trading Down 3.0%
NYSE:CSAN traded down $0.14 on Friday, reaching $4.42. 2,784,765 shares of the company's stock were exchanged, compared to its average volume of 1,377,700. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 3.34 and a beta of 1.01. Cosan has a 52-week low of $3.80 and a 52-week high of $8.64. The company has a quick ratio of 1.98, a current ratio of 2.13 and a debt-to-equity ratio of 1.88. The business has a fifty day moving average of $4.65 and a 200-day moving average of $4.92.
Cosan (NYSE:CSAN - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The company reported ($0.36) EPS for the quarter. Cosan had a negative net margin of 28.08% and a negative return on equity of 27.61%. The business had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $7.12 billion. As a group, analysts expect that Cosan will post 0.2 earnings per share for the current year.
Institutional Investors Weigh In On Cosan
Hedge funds and other institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC lifted its position in Cosan by 799.4% in the first quarter. GAMMA Investing LLC now owns 5,747 shares of the company's stock valued at $30,000 after acquiring an additional 5,108 shares during the last quarter. FORA Capital LLC acquired a new stake in shares of Cosan during the first quarter worth about $58,000. Ballentine Partners LLC purchased a new stake in shares of Cosan in the 2nd quarter valued at about $64,000. Cerity Partners LLC purchased a new stake in shares of Cosan in the 1st quarter valued at about $69,000. Finally, Savant Capital LLC acquired a new stake in shares of Cosan in the 2nd quarter valued at about $77,000.
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
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