86 institutions hold shares in Centrais Eletricas Brasileiras S.A. (EBR), with institutional investors hold 0.81% of the company’s shares. The shares outstanding are 1.57B, and float is at 599.71M with Short Float at 0.50%. Institutions hold 0.81% of the Float.
The top institutional shareholder in the company is Clark Capital Management Group, Inc. with over 3.12 million shares valued at $21.77 million. The investor’s holdings represent 0.24% of the EBR Shares outstanding. As of Dec 30, 2020, the second largest holder is AMS Capital Ltda with 1.48 million shares valued at $10.32 million to account for 0.11% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 1.1 million shares representing 0.09% and valued at over $7.67 million, while Blackrock Inc. holds 0.07% of the shares totaling 0.94 million with a market value of $6.56 million.
Centrais Eletricas Brasileiras S.A. (NYSE: EBR) is 0.72% higher on its value in year-to-date trading and has touched a low of $3.35 and a high of $7.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EBR stock was last observed hovering at around $6.70 in the last trading session, with the day’s gains setting it 0.34% off its average median price target of $9.26 for the next 12 months. It is also 37.86% off the consensus price target high of $11.33 offered by 9 analysts, but current levels are -21.59% lower than the price target low of $5.79 for the same period.
Currently trading at $7.04, the stock is 11.01% and 17.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.78 million and changing 5.07% at the moment leaves the stock 12.69% off its SMA200. EBR registered 64.87% gain for a year compared to 6-month loss of 16.36%. The firm has a 50-day simple moving average (SMA 50) of $6.17 and a 200-day simple moving average (SMA200) of $6.12.
The stock witnessed a 20.96% gain in the last 1 month and extending the period to 3 months gives it a 34.61%, and is 9.49% 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 3.27% over the week and 3.52% over the month.
Centrais Eletricas Brasileiras S.A. (EBR) has around 12435 employees, a market worth around $11.05B and $29.08B in sales. Current P/E ratio is 9.62. Distance from 52-week low is 110.14% and -9.16% from its 52-week high.
Centrais Eletricas Brasileiras S.A. (EBR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Centrais Eletricas Brasileiras S.A. (EBR) is a “Buy”. 9 analysts offering their recommendations for the stock have an average rating of 1.00, where 2 rate it as a Hold and 0 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Centrais Eletricas Brasileiras S.A. is expected to release its quarterly report on 08/11/2021 and quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $1.14B over the same period..
Centrais Eletricas Brasileiras S.A. (EBR): Who are the competitors?
The company’s main competitors (and peers) include NextEra Energy Inc. (NEE) that is trading 28.86% up over the past 12 months. Petroleo Brasileiro S.A. – Petrobras (PBR) is 34.15% up on the 1-year trading charts. Short interest in the company’s stock has fallen -60.64% from the last report on Apr 14, 2021 to stand at a total of 3.02 million short shares sold with a short interest ratio of 2.62.