Suzano (NYSE:SUZ - Get Free Report) posted its earnings results on Thursday. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.01), Zacks reports. The firm had revenue of $2.03 billion during the quarter, compared to analysts' expectations of $11.82 billion. Suzano had a negative return on equity of 17.30% and a negative net margin of 14.93%.
Suzano Price Performance
Shares of SUZ stock traded down $0.07 during trading on Friday, hitting $8.91. The company had a trading volume of 3,882,432 shares, compared to its average volume of 1,922,439. The company has a quick ratio of 1.40, a current ratio of 1.72 and a debt-to-equity ratio of 2.81. The stock's 50-day moving average is $9.14 and its two-hundred day moving average is $9.89. The stock has a market capitalization of $11.80 billion, a price-to-earnings ratio of 14.14 and a beta of 0.94. Suzano has a 52 week low of $8.41 and a 52 week high of $10.98.
Analysts Set New Price Targets
Separately, UBS Group upgraded Suzano to a "strong-buy" rating in a research report on Thursday, April 10th.
Read Our Latest Analysis on SUZ
About Suzano
(
Get Free Report)
Suzano SA produces and sells eucalyptus pulp and paper products in Brazil and internationally. It operates through Pulp and Paper segments. The company offers coated and uncoated printing and writing papers, paperboards, tissue papers, and market and fluff pulps; and lignin. It also engages in the research, development, and production of biofuel; operation of port terminals; power generation and distribution business; commercialization of equipment and parts; industrialization, commercialization, and exporting of pulp and standing wood; road freight transport; biotechnology research and development; and commercialization of paper and computer materials.
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