What should you know before buying stock in BRF S.A. (BRFS)

BRF S.A. (NYSE: BRFS) is -57.59% lower on its value in year-to-date trading and has touched a low of $2.27 and a high of $9.96 in the current 52-week trading range. The BRFS stock was last observed hovering at around $3.61 in the last trading session, with the day’s gains setting it 0.08% off its average median price target of $4.65 for the next 12 months. It is also 64.24% off the consensus price target high of $10.32 offered by 12 analysts, but current levels are -10.48% lower than the price target low of $3.34 for the same period.

Currently trading at $3.69, the stock is 9.64% and -12.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.15 million and changing 2.22% at the moment leaves the stock -51.31% off its SMA200. BRFS registered -52.20% loss for a year compared to 6-month loss of -59.41%. The firm has a 50-day simple moving average (SMA 50) of $3.3094 and a 200-day simple moving average (SMA200) of $6.8505.

The stock witnessed a 24.24% gain in the last 1 month and extending the period to 3 months gives it a -50.73%, and is 6.65% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.20% over the week and 7.42% over the month.

BRF S.A. (BRFS) has around 105000 employees, a market worth around $3.03B and $6.13B in sales. Current P/E ratio is 13.47 and Fwd P/E is 14.36. Profit margin for the company is 0.90%. Distance from 52-week low is 62.56% and -62.95% from its 52-week high. The company has generated returns on investments over the last 12 months (11.60%).

BRF S.A. (BRFS) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for BRF S.A. (BRFS) is a “Overweight”. 12 analysts offering their recommendations for the stock have an average rating of 2.00, where 2 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

BRF S.A. is expected to release its quarterly report on 05/11/2020 and quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $1.72B over the same period.The EPS is expected to grow by 157.90% this year, but quarterly earnings will post -15.60% year-over-year. Quarterly sales are estimated to shrink -17.90% in year-over-year returns.

BRF S.A. (BRFS) Top Institutional Holders

204 institutions hold shares in BRF S.A. (BRFS), with institutional investors hold 11.54% of the company’s shares. The shares outstanding are 820.20M, and float is at 780.36M with Short Float at 1.27%. Institutions hold 11.54% of the Float.

The top institutional shareholder in the company is Wells Fargo & Company with over 14.95 million shares valued at $130.08 million. The investor’s holdings represent 1.84% of the BRFS Shares outstanding. As of Dec 30, 2019, the second largest holder is Macquarie Group Limited with 10.1 million shares valued at $87.85 million to account for 1.24% of the shares outstanding. The other top investors are Bank Of Nova Scotia / which holds 7.16 million shares representing 0.88% and valued at over $62.29 million, while INCA Investments, LLC holds 0.77% of the shares totaling 6.22 million with a market value of $54.09 million.

BRF S.A. (BRFS): Who are the competitors?

The company’s main competitors (and peers) include Tyson Foods Inc. (TSN) that is trading -15.36% down over the past 12 months. The Unilever Group (UL) is -14.61% down on the 1-year trading charts. Short interest in the company’s stock has fallen -50.86% from the last report on Mar 12, 2020 to stand at a total of 6.17 million short shares sold with a short interest ratio of 1.51.