A new trading day began on Tuesday, with Sylvamo Corp (NYSE: SLVM) stock price up 0.08% from the previous day of trading ,before settling in for the closing price of $60.59. SLVM’s price has ranged from $37.33 to $64.32 over the past 52 weeks.
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Basic Materials Sector giant saw their annual sales slid by -0.55% over the last five years. Meanwhile, its annual earnings per share averaged -13.98%. With a float of $34.58 million, this company’s outstanding shares have now reached $41.20 million.
The firm has a total of 6500 workers. Let’s measure their productivity.
Sylvamo Corp (SLVM) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Paper & Paper Products Industry. The insider ownership of Sylvamo Corp is 16.61%, while institutional ownership is 76.32%. The most recent insider transaction that took place on Mar 18 ’24, was worth 699,214. In this transaction Chairman and CEO of this company sold 12,225 shares at a rate of $57.20, taking the stock ownership to the 132,276 shares. Before that another transaction happened on Mar 11 ’24, when Company’s Chairman and CEO sold 12,226 for $62.94, making the entire transaction worth $769,509. This insider now owns 144,501 shares in total.
Sylvamo Corp (SLVM) Recent Fiscal highlights
In its latest quarterly report, released on 12/30/2023, the company reported earnings of $1.16 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -7.60% during the next five years compared to -9.01% drop over the previous five years of trading.
Sylvamo Corp (NYSE: SLVM) Trading Performance Indicators
Here are Sylvamo Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67. Likewise, its price to free cash flow for the trailing twelve months is 4.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.93, a number that is poised to hit 1.00 in the next quarter and is forecasted to reach 5.91 in one year’s time.
Technical Analysis of Sylvamo Corp (SLVM)
Analysing the last 5-days average volume posted by the [Sylvamo Corp, SLVM], we can find that recorded value of 0.32 million was lower than the volume posted last year of 0.36 million. As of the previous 9 days, the stock’s Stochastic %D was 17.56%. Additionally, its Average True Range was 1.62.
During the past 100 days, Sylvamo Corp’s (SLVM) raw stochastic average was set at 81.01%, which indicates a significant increase from 48.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.57% in the past 14 days, which was lower than the 46.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $56.46, while its 200-day Moving Average is $47.91. Now, the first resistance to watch is $61.01. This is followed by the second major resistance level at $61.38. The third major resistance level sits at $61.86. If the price goes on to break the first support level at $60.16, it is likely to go to the next support level at $59.68. Now, if the price goes above the second support level, the third support stands at $59.31.
Sylvamo Corp (NYSE: SLVM) Key Stats
With a market capitalization of 2.51 billion, the company has a total of 41,221K Shares Outstanding. Currently, annual sales are 3,721 M while annual income is 253,000 K. The company’s previous quarter sales were 946,000 K while its latest quarter income was 49,000 K.
