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

BRF S.A. ADR (NYSE: BRFS) is -11.30% 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 $3.59 in the last trading session, with the day’s gains setting it 0.02%.

Currently trading at $3.61, the stock is -2.49% and 2.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.84 million and changing 0.56% at the moment leaves the stock -8.05% off its SMA200. BRFS registered 3.37% gain for a year compared to 6-month loss of -14.10%.

The stock witnessed a 3.14% gain in the last 1 month and extending the period to 3 months gives it a 2.56%, and is 6.80% 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 5.67% over the week and 3.97% over the month.

BRF S.A. ADR (BRFS) has around 100000 employees, a market worth around $5.85B and $11.32B in sales. Current P/E ratio is 8.65 and Fwd P/E is 16.22. Profit margin for the company is 6.06%. Distance from 52-week low is 20.74% and -25.56% from its 52-week high. The company has generated returns on investments over the last 12 months (10.56%).

with sales reaching $15.96B over the same period.The EPS is expected to shrink by -15.60% this year, but quarterly earnings will post 8.77% year-over-year. Quarterly sales are estimated to grow 6.89% in year-over-year returns.

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

The shares outstanding are 1.60B, and float is at 1.60B with Short Float at 0.25%.

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.

BRF S.A. ADR (BRFS) Insider Activity

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