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BRF S.A. ADR (BRFS) – Don’t Believe the Hype: Check The Facts

BRF S.A. ADR (NYSE: BRFS) is -15.23% lower on its value in year-to-date trading and has touched a low of $2.98 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 $3.45 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $3.45, the stock is 6.30% and -1.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.76 million and changing 0.00% at the moment leaves the stock -12.77% off its SMA200. BRFS registered 7.14% gain for a year compared to 6-month loss of -22.06%. The firm has a 50-day simple moving average (SMA 50) of $3.5202 and a 200-day simple moving average (SMA200) of $4.02715.

The stock witnessed a 1.77% gain in the last 1 month and extending the period to 3 months gives it a -25.01%, and is 5.50% 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 3.96% over the week and 4.03% over the month.

BRF S.A. ADR (BRFS) has around 100000 employees, a market worth around $5.59B and $11.37B in sales. Current P/E ratio is 9.60 and Fwd P/E is 17.80. Profit margin for the company is 5.24%. Distance from 52-week low is 15.71% and -28.86% from its 52-week high. The company has generated returns on investments over the last 12 months (9.79%).

The EPS is expected to shrink by -38.93% this year

147.0 institutions hold shares in BRF S.A. ADR (BRFS), with institutional investors hold 4.73% of the company’s shares. The shares outstanding are 1.62B, and float is at 1.62B with Short Float at 0.27%. Institutions hold 4.73% of the Float.

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.

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