In yesterday’s Wall Street session, Cosan S.A. (NYSE:CSAN) shares traded at $10.87, down -5.23% from the previous session.
8 analysts cover Cosan S.A. (NYSE:CSAN), according to research data. The consensus rating among analysts is ‘Overweight’. CSAN stock price is now -12.30% away from the 50-day moving average and -20.05% away from the 200-day moving average. The market capitalization of the company currently stands at $5.32B.
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The stock has received a hold rating from 2 analysts and a buy rating from 5.
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There have been several recent changes in the stakes of large investors in CSAN stock. A new stake in Cosan S.A. shares was purchased by CITADEL ADVISORS LLC during the first quarter worth $605,000. CUBIST SYSTEMATIC STRATEGIES, LLC invested $417,000 in shares of CSAN during the first quarter. In the first quarter, SYSTM WEALTH SOLUTIONS LLC acquired a new stake in Cosan S.A. valued at approximately $273,000. QUANTINNO CAPITAL MANAGEMENT LP acquired a new stake in CSAN for approximately $178,000. VPR MANAGEMENT LLC purchased a new stake in CSAN valued at around $151,000 in the second quarter. In total, there are 84 active investors with 3.50% ownership of the company’s stock.
On Monday morning Cosan S.A. (NYSE: CSAN) stock kicked off with the opening price of $11.18. During the past 12 months, Cosan S.A. has had a low of $11.14 and a high of $20.97. As of last week, the company has a debt-to-equity ratio of 2.74, a current ratio of 1.60, and a quick ratio of 1.50. The fifty day moving average price for CSAN is $12.39 and a two-hundred day moving average price translates $13.60 for the stock.
The latest earnings results from Cosan S.A. (NYSE: CSAN) was released for Sep, 2022. According to the Oil & Gas Refining & Marketing Company, earnings per share came in at $0.11, beating analysts’ expectations of $0.07 by 0.04. This compares to $0.87 EPS in the same period last year. The net profit margin was 3.00% and return on equity was 6.90% for CSAN. The company reported revenue of $1.24 billion for the quarter, compared to $1.23 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.78 percent. For the current quarter, analysts expect CSAN to generate $4.08B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 05/27/2022. Investors who held shares on 05/10/2022 were paid a $0.3562473 dividend. On an annualized basis, this represents a $0.62 dividend and a 5.70% percent yield. There was an ex-dividend date of 05/09/2022 for this dividend. In terms of dividend payout ratio, CSAN is presently at 351.40%.
Cosan S.A.(CSAN) Company Profile
Cosan S.A., through its subsidiaries, primarily engages in the fuel distribution business in Brazil, Europe, Latin America, North America, Asia, and internationally. The company’s Raízen segment distributes and markets fuels through a franchised network of service stations under the Shell brand; engages in the petroleum refining; operation of convenience stores; manufacture and sale of automotive and industrial lubricants; and production and sale of liquefied petroleum gas. This segment also markets various products derived from sugar cane, including raw sugar, and anhydrous and hydrated ethanol, as well as engages in activities related to energy cogeneration from sugarcane bagasse; sale of electricity; and holds interests in companies involved in research and development on new technology. The company’s Gas and Power segment distributes piped natural gas to customers in the industrial, residential, commercial, automotive, and cogeneration sectors; and engages in purchase and sale of electricity to other traders. Its Moove segment produces and distributes lubricants under the Mobil and Comma brands. The company’s Logistics segment provides logistics services for rail transportation, storage and port loading of commodities, including grains and sugar; and leases locomotives, wagons, and another railroad equipment. Its Cosan Investments segment manages agricultural, mining, and logistics projects; and invests in climate tech fund. Cosan S.A. was founded in 1936 and is headquartered in São Paulo, Brazil.
