BRF S.A. ADR (NYSE: BRFS) is -9.83% lower on its value in year-to-date trading and has touched a low of $2.60 and a high of $4.85 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 $3.72 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $3.67, the stock is -6.65% and -12.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.13 million and changing -1.34% at the moment leaves the stock -7.09% off its SMA200. BRFS registered 38.70% gain for a year compared to 6-month gain of 0.87%. The firm has a 50-day simple moving average (SMA 50) of $4.2222 and a 200-day simple moving average (SMA200) of $4.0381.
The stock witnessed a -14.25% loss in the last 1 month and extending the period to 3 months gives it a -11.85%, and is -8.48% 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 3.85% over the week and 2.74% over the month.
Current P/E ratio is 9.76 and Fwd P/E is 13.76. Profit margin for the company is 5.57%. Distance from 52-week low is 41.30% and -24.32% from its 52-week high. The company has generated returns on investments over the last 12 months (8.99%).
with sales reaching $16.74B over the same period.The EPS is expected to grow by 222.12% this year, but quarterly earnings will post 12.68% year-over-year. Quarterly sales are estimated to grow 16.04% in year-over-year returns.
The shares outstanding are 1.64B, and float is at 1.64B with Short Float at 0.35%.
The top institutional shareholder in the company is POLUNIN CAPITAL PARTNERS LTD with over 17.72 million shares valued at $72.1 million. The investor’s holdings represent 1.0602 of the BRFS Shares outstanding. As of 2024-06-30, the second largest holder is MACQUARIE GROUP LTD with 9.22 million shares valued at $37.53 million to account for 0.5519 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 5.69 million shares representing 0.3407 and valued at over $23.17 million, while MARSHALL WACE, LLP holds 0.2767 of the shares totaling 4.62 million with a market value of $18.82 million.
