BRF S.A. (NYSE: BRFS) is -5.48% lower on its value in year-to-date trading and has touched a low of $2.27 and a high of $7.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BRFS stock was last observed hovering at around $4.21 in the last trading session, with the day’s loss setting it -0.24% off its average median price target of $5.01 for the next 12 months. It is also 36.48% off the consensus price target high of $6.25 offered by 12 analysts, but current levels are -6.43% lower than the price target low of $3.73 for the same period.
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Currently trading at $3.97, the stock is -3.90% and -4.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.14 million and changing -5.70% at the moment leaves the stock 1.87% off its SMA200. BRFS registered -42.63% loss for a year compared to 6-month gain of 6.72%. The firm has a 50-day simple moving average (SMA 50) of $4.0779 and a 200-day simple moving average (SMA200) of $3.8287.
The stock witnessed a 5.03% loss in the last 1 month and extending the period to 3 months gives it a -0.75%, and is -9.15% down 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 2.85% over the week and 3.00% over the month.
BRF S.A. (BRFS) has around 87829 employees, a market worth around $3.19B and $6.87B in sales. Current P/E ratio is 14.98 and Fwd P/E is 13.83. Profit margin for the company is 3.10%. Distance from 52-week low is 74.89% and -44.24% from its 52-week high. The company has generated returns on investments over the last 12 months (11.40%).
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 2.40, where 8 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
BRF S.A. is expected to release its quarterly report on 05/14/2021 and quarterly earnings per share for the current quarter are estimated at $0.11 with sales reaching $2.04B over the same period.The EPS is expected to grow by 157.90% this year, but quarterly earnings will post -13.60% year-over-year. Quarterly sales are estimated to shrink -9.70% in year-over-year returns.
BRF S.A. (BRFS) Top Institutional Holders
163 institutions hold shares in BRF S.A. (BRFS), with institutional investors hold 9.59% of the company’s shares. The shares outstanding are 807.41M, and float is at 764.02M with Short Float at 0.89%. Institutions hold 9.59% of the Float.
The top institutional shareholder in the company is Wells Fargo & Company with over 23.29 million shares valued at $97.84 million. The investor’s holdings represent 2.87% of the BRFS Shares outstanding. As of Dec 30, 2020, the second largest holder is Macquarie Group Limited with 9.52 million shares valued at $39.96 million to account for 1.17% of the shares outstanding. The other top investors are Blackrock Inc. which holds 4.52 million shares representing 0.56% and valued at over $18.98 million, while Connor Clark & Lunn Investment Management Ltd holds 0.34% of the shares totaling 2.75 million with a market value of $11.53 million.
BRF S.A. (BRFS): Who are the competitors?
The company’s main competitors (and peers) include Tyson Foods Inc. (TSN) that is trading -12.17% down over the past 12 months. Unilever PLC (UL) is -9.03% down on the 1-year trading charts. Short interest in the company’s stock has risen 0.15% from the last report on Dec 30, 2020 to stand at a total of 6.76 million short shares sold with a short interest ratio of 1.69.