Cosan Limited [CZZ] Is Still Undervalued at $19.23

Cosan Limited [CZZ] stock is up 11.93 while the S&P 500 has risen 0.68% on Thursday, 12/03/20. While at the time of this article, CZZ ATR is sitting at 0.73. This stock’s volatility for the past week remained at 4.18%, while it was 4.40% for the past 30-day period. CZZ has risen $2.05 from the previous closing price of $17.18 on volume of 1.62 million shares.

On 2, July 2020, 2019 Sustainability Report And Commitments To Sustainable Development. According to news published on Yahoo Finance, COSAN LIMITED (NYSE: CZZ), Cosan S/A (B3: CSAN3) and Cosan Logística S/A (B3: RLOG3) are pleased to announce to all employees, partners, clients, and stakeholders the publication of the 2019 Annual Sustainability Report.

Analyst Birdseye View:

The most recent analyst activity for Cosan Limited [NYSE:CZZ] stock was on May 20, 2020, when it was Downgrade with a Neutral rating from Goldman. Before that, on July 07, 2020, JP Morgan Recapitulated a Neutral rating and elevated its amount target to $18. On October 07, 2019, HSBC Securities Downgrade a Hold rating. On October 03, 2019, Goldman Initiated a Buy rating. On September 20, 2019, Morgan Stanley Downgrade an Equal-weight rating and increased its price target to $16. On February 19, 2019, JP Morgan Upgrade an Overweight rating and boosted its amount on this stock to $13. On January 16, 2019, Morgan Stanley Upgrade an Overweight rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $8.56 and a peak of $23.70. Right now, the middling Wall Street analyst 12-month amount mark is $104.80. At the most recent market close, shares of Cosan Limited [NYSE:CZZ] were valued at $19.23. According to the average price forecast, investors can expect a potential return of 82.01%.

FUNDAMENTAL ANALYSIS

Cosan Limited [NYSE:CZZ] most recently reported quarterly sales of 1.07 billion, which represented growth of 0.50%. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.14, 21.70, 9.16 and 4.19 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 86.17 and the whole liability to whole assets at 51.20. It shows enduring liability to the whole principal at 75.77 and enduring liability to assets at 0.45 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 16.92 points at 1st support level, the second support level is making up to 16.65. But as of 1st resistance point, this stock is sitting at 17.59 and at 17.99 for 2nd resistance point.

Cosan Limited [CZZ] reported its earnings at $0.19 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.22/share signifying the difference of -0.03 and -13.60% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.08 calling estimates for -$0.09/share with the difference of 0.17 depicting the surprise of 188.90%.

Important Ratio’s To Watch

Quick ratio, showing Cash ratio at 1.30. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.03, it’s amount to book ratio is 3.77 and showing 31.12 of P/E (TTM) ratio.