Home  »  Markets   »  Petroleo Brasileiro S.A. – Petrobras (PBR) ...

Petroleo Brasileiro S.A. – Petrobras (PBR) – key numbers that make it a Strong Buy For Now

Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR) is -27.43% lower on its value in year-to-date trading and has touched a low of $4.88 and a high of $11.89 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 PBR stock was last observed hovering at around $8.11 in the last trading session, with the day’s gains setting it 0.04% off its average median price target of $11.15 for the next 12 months. It is also 53.43% off the consensus price target high of $17.50 offered by 13 analysts, but current levels are -1.88% lower than the price target low of $8.00 for the same period.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Currently trading at $8.15, the stock is 2.35% and -12.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 25.94 million and changing 0.49% at the moment leaves the stock -8.76% off its SMA200. PBR registered 57.03% gain for a year compared to 6-month gain of 9.25%. The firm has a 50-day simple moving average (SMA 50) of $8.69 and a 200-day simple moving average (SMA200) of $9.08.

The stock witnessed a 2.77% loss in the last 1 month and extending the period to 3 months gives it a -25.71%, and is -2.63% 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 4.27% over the week and 4.56% over the month.

Petroleo Brasileiro S.A. – Petrobras (PBR) has around 49050 employees, a market worth around $53.53B and $48.18B in sales. Current P/E ratio is 42.23 and Fwd P/E is 5.50. Profit margin for the company is 2.60%. Distance from 52-week low is 67.18% and -31.46% from its 52-week high. The company has generated returns on investments over the last 12 months (8.00%).

Petroleo Brasileiro S.A. – Petrobras (PBR) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Petroleo Brasileiro S.A. – Petrobras (PBR) is a “Hold”. 13 analysts offering their recommendations for the stock have an average rating of 2.80, where 5 rate it as a Hold and 1 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 4 analysts have rated the stock as a Sell or Underperform.

Petroleo Brasileiro S.A. – Petrobras is expected to release its quarterly report on 04/29/2021 and quarterly earnings per share for the current quarter are estimated at $0.17 with sales reaching $17.31B over the same period.The EPS is expected to shrink by -76.30% this year, but quarterly earnings will post 32.10% year-over-year. Quarterly sales are estimated to grow 7.10% in year-over-year returns.

Petroleo Brasileiro S.A. – Petrobras (PBR) Top Institutional Holders

410 institutions hold shares in Petroleo Brasileiro S.A. – Petrobras (PBR), with 260.88k shares held by insiders accounting for 0.00% while institutional investors hold 17.41% of the company’s shares. The shares outstanding are 6.52B, and float is at 4.19B with Short Float at 0.76%. Institutions hold 17.41% of the Float.

The top institutional shareholder in the company is Capital World Investors with over 55.05 million shares valued at $618.24 million. The investor’s holdings represent 1.48% of the PBR Shares outstanding. As of Dec 30, 2020, the second largest holder is Baillie Gifford and Company with 52.63 million shares valued at $591.03 million to account for 1.41% of the shares outstanding. The other top investors are Capital Research Global Investors which holds 51.03 million shares representing 1.37% and valued at over $573.02 million, while Fisher Asset Management, LLC holds 1.06% of the shares totaling 39.37 million with a market value of $442.15 million.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Petroleo Brasileiro S.A. – Petrobras (PBR): Who are the competitors?

The company’s main competitors (and peers) include YPF Sociedad Anonima (YPF) that is trading 6.23% up over the past 12 months and TOTAL SE (TOT) that is 33.55% higher over the same period. Hess Corporation (HES) is 110.43% up on the 1-year trading charts. Short interest in the company’s stock has risen 24.3% from the last report on Feb 11, 2021 to stand at a total of 24.05 million short shares sold with a short interest ratio of 0.48.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts

Hot Penny Stocks to Watch Today

The Covid-19 pandemic has made the biggest impact on blue chips and under $1 stocks (penny stocks), as is typical of the general business environment.




Download Free eBook For

100% free. stop anytime no spam