Suzano S.A. Sponsored ADR (SUZ) closed at $9.27 in the latest trading session, marking a -0.43% move from the prior day. This change lagged the S&P 500’s 0.12% gain on the day. Meanwhile, the Dow gained 0.13%, and the Nasdaq, a tech-heavy index, lost 4.09%.
Heading into today, shares of the company had gained 11.23% over the past month, outpacing the Basic Materials sector’s loss of 1.25% and the S&P 500’s gain of 3.98% in that time.
Suzano S.A. Sponsored ADR will be looking to display strength as it nears its next earnings release.
Investors should also note any recent changes to analyst estimates for Suzano S.A. Sponsored ADR. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Suzano S.A. Sponsored ADR is currently a Zacks Rank #4 (Sell).
Valuation is also important, so investors should note that Suzano S.A. Sponsored ADR has a Forward P/E ratio of 5.89 right now. This represents a discount compared to its industry’s average Forward P/E of 9.3.
We can also see that SUZ currently has a PEG ratio of 0.85. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. The Paper and Related Products was holding an average PEG ratio of 1.13 at yesterday’s closing price.
The Paper and Related Products industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 242, putting it in the bottom 4% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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