BRF S.A. ADR (NYSE: BRFS) is -18.67% lower on its value in year-to-date trading and has touched a low of $2.70 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 $3.34 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $3.31, the stock is -6.38% and -13.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.55 million and changing -0.90% at the moment leaves the stock -16.92% off its SMA200. BRFS registered 26.49% gain for a year compared to 6-month loss of -25.87%.
The stock witnessed a -12.66% gain in the last 1 month and extending the period to 3 months gives it a -21.24%, and is -1.78% 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 2.51% over the week and 2.52% over the month.
Current P/E ratio is 8.80 and Fwd P/E is 12.66. Profit margin for the company is 5.57%. Distance from 52-week low is 22.39% and -31.75% from its 52-week high. The company has generated returns on investments over the last 12 months (8.99%).
The EPS is expected to grow by 226.55% this year
The shares outstanding are 1.64B, and float is at 1.64B with Short Float at 0.14%.
The top institutional shareholder in the company is POLUNIN CAPITAL PARTNERS LTD with over 17.72 million shares valued at $$72.1 million. The investor’s holdings represent 1.0634 of the BRFS Shares outstanding. As of 2024-06-30, the second largest holder is MACQUARIE GROUP LTD with 9.22 million shares valued at $$37.53 million to account for 0.5536 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 5.69 million shares representing 0.3417 and valued at over $$23.17 million, while MARSHALL WACE, LLP holds 0.2775 of the shares totaling 4.62 million with a market value of $$18.82 million.
