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

BRF S.A. ADR (NYSE: BRFS) is -13.02% lower on its value in year-to-date trading and has touched a low of $2.99 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 $3.73 in the last trading session, with the day’s loss setting it -0.19%.

Currently trading at $3.54, the stock is -3.54% and 2.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.81 million and changing -5.09% at the moment leaves the stock -9.95% off its SMA200. BRFS registered 10.27% gain for a year compared to 6-month loss of -20.37%.

The stock witnessed a 7.93% gain in the last 1 month and extending the period to 3 months gives it a -1.67%, and is -11.50% 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 3.47% over the week and 4.10% over the month.

BRF S.A. ADR (BRFS) has around 100000 employees, a market worth around $5.74B and $11.37B in sales. Current P/E ratio is 9.85 and Fwd P/E is 15.64. Profit margin for the company is 5.24%. Distance from 52-week low is 18.39% and -27.00% 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 -17.62% this year.

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

The shares outstanding are 1.62B, and float is at 1.62B with Short Float at 0.28%.

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.