Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR) is 28.57% higher on its value in year-to-date trading and has touched a low of $8.85 and a high of $15.95 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 PBR stock was last observed hovering at around $13.43 in the last trading session, with the day’s gains setting it 0.39% off its average median price target of $16.75 for the next 12 months. It is also 30.9% off the consensus price target high of $20.00 offered by 15 analysts, but current levels are -6.31% lower than the price target low of $13.00 for the same period.
Currently trading at $13.82, the stock is -0.89% and 2.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 25.03 million and changing 2.90% at the moment leaves the stock 5.65% off its SMA200. PBR registered 46.53% gain for a year compared to 6-month gain of -0.52%.
The stock witnessed a -5.47% loss in the last 1 month and extending the period to 3 months gives it a 25.88%, and is 4.38% 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 3.44% over the week and 3.36% over the month.
Petroleo Brasileiro S.A. – Petrobras (PBR) has around 45532 employees, a market worth around $86.76B and $108.33B in sales. Current P/E ratio is 2.93 and Fwd P/E is 3.54. Profit margin for the company is 28.40%. Distance from 52-week low is 56.23% and -13.37% from its 52-week high. The company has generated returns on investments over the last 12 months (23.60%).
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 “Overweight”. 15 analysts offering their recommendations for the stock have an average rating of 2.40, where 7 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Petroleo Brasileiro S.A. – Petrobras is expected to release its quarterly report on 11/03/2022.The EPS is expected to grow by 123.90% this year
Petroleo Brasileiro S.A. – Petrobras (PBR) Top Institutional Holders
The shares outstanding are 6.52B, and float is at 4.20B with Short Float at 1.13%.
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 48.50% up over the past 12 months and TotalEnergies SE (TTE) that is 5.24% higher over the same period. Hess Corporation (HES) is 61.54% up on the 1-year trading charts.