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BRF S.A. ADR (BRFS) Stock Could Soon Reward Patient Investors

BRF S.A. ADR (NYSE: BRFS) is 11.51% higher on its value in year-to-date trading and has touched a low of $1.05 and a high of $3.19 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 BRFS stock was last observed hovering at around $3.01 in the last trading session, with the day’s gains setting it 0.09%.

Currently trading at $3.10, the stock is 7.53% and 11.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.24 million and changing 2.99% at the moment leaves the stock 36.53% off its SMA200. BRFS registered 131.34% gain for a year compared to 6-month gain of 69.40%. The firm has a 50-day simple moving average (SMA 50) of $0.15 and a 200-day simple moving average (SMA200) of $1.51.

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The stock witnessed a 5.80% loss in the last 1 month and extending the period to 3 months gives it a 6.16%, and is 10.71% 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 4.34% over the week and 3.40% over the month.

Fwd P/E is 19.32. Profit margin for the company is -3.74%. Distance from 52-week low is 193.84% and -2.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.52%).

BRF S.A. ADR quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $2.67B over the same period.The EPS is expected to grow by 138.18% this year, but quarterly earnings will post 5.40% year-over-year. Quarterly sales are estimated to grow 5.10% in year-over-year returns.

BRF S.A. ADR (BRFS) Top Institutional Holders

115 institutions hold shares in BRF S.A. ADR (BRFS), with institutional investors hold 3.54% of the company’s shares. The shares outstanding are 1.68B, and float is at 1.68B with Short Float at 0.35%. Institutions hold 3.54% of the Float.

The top institutional shareholder in the company is Polunin Capital Partners Ltd with over 16.98 million shares valued at $32.27 million. The investor’s holdings represent 1.01% of the BRFS Shares outstanding. As of Jun 29, 2023, the second largest holder is Allspring Global Investments Holdings, LLC with 15.65 million shares valued at $29.74 million to account for 0.93% of the shares outstanding. The other top investors are Macquarie Group Limited which holds 9.24 million shares representing 0.55% and valued at over $17.56 million, while Ninety One UK Ltd holds 0.52% of the shares totaling 8.78 million with a market value of $17.99 million.

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

The company’s main competitors (and peers) include Tyson Foods Inc. Cl A (TSN) that is trading -9.14% down over the past 12 months. Unilever PLC ADR (UL) that is -0.73% lower over the same period.

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