Suzano (NYSE:SUZ) Upgraded at The Goldman Sachs Group

Suzano (NYSE:SUZ - Get Free Report) was upgraded by research analysts at The Goldman Sachs Group from a "neutral" rating to a "buy" rating in a report issued on Friday, Marketbeat Ratings reports.

Separately, UBS Group raised shares of Suzano to a "strong-buy" rating in a research report on Thursday, April 10th.

Suzano Stock Performance

Shares of NYSE SUZ traded up $0.19 during trading hours on Friday, hitting $9.76. 1,926,911 shares of the stock were exchanged, compared to its average volume of 1,792,085. The firm has a market capitalization of $12.93 billion, a P/E ratio of 15.50 and a beta of 0.92. The company's 50 day moving average is $9.10 and its 200 day moving average is $9.71. Suzano has a one year low of $8.41 and a one year high of $10.98. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.72 and a quick ratio of 1.40.

Suzano (NYSE:SUZ - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.88 by ($0.01). Suzano had a negative net margin of 14.93% and a negative return on equity of 17.30%. The business had revenue of $2.03 billion during the quarter, compared to analyst estimates of $11.82 billion. On average, research analysts expect that Suzano will post 1.93 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SUZ. Financial Management Professionals Inc. bought a new stake in Suzano during the 1st quarter worth about $28,000. Lindbrook Capital LLC lifted its holdings in shares of Suzano by 69.2% during the 4th quarter. Lindbrook Capital LLC now owns 3,004 shares of the company's stock valued at $30,000 after purchasing an additional 1,229 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Suzano by 222.7% in the fourth quarter. Blue Trust Inc. now owns 6,592 shares of the company's stock valued at $67,000 after buying an additional 4,549 shares during the period. Signaturefd LLC increased its holdings in Suzano by 28.9% during the 4th quarter. Signaturefd LLC now owns 7,969 shares of the company's stock worth $81,000 after purchasing an additional 1,787 shares in the last quarter. Finally, US Bancorp DE grew its holdings in shares of Suzano by 20.3% during the fourth quarter. US Bancorp DE now owns 9,177 shares of the company's stock worth $93,000 after buying an additional 1,547 shares in the last quarter. 2.55% of the stock is owned by institutional investors.

About Suzano

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.