BRF S.A. ADR (NYSE: BRFS) is -12.53% 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 loss setting it -0.03%.
Currently trading at $3.56, the stock is -0.28% and -0.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.36 million and changing -0.84% at the moment leaves the stock -9.03% off its SMA200. BRFS registered 0.81% gain for a year compared to 6-month loss of -13.44%. The firm has a 50-day simple moving average (SMA 50) of $3.578 and a 200-day simple moving average (SMA200) of $3.9577.
The stock witnessed a -4.56% gain in the last 1 month and extending the period to 3 months gives it a 9.88%, and is 1.42% 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 1.44% over the week and 2.45% over the month.
BRF S.A. ADR (BRFS) has around 100000 employees, a market worth around $5.70B and $11.32B in sales. Current P/E ratio is 8.53 and Fwd P/E is 14.87. Profit margin for the company is 6.06%. Distance from 52-week low is 19.06% and -26.59% from its 52-week high. The company has generated returns on investments over the last 12 months (10.56%).
The EPS is expected to shrink by -7.44% this year
146.0 institutions hold shares in BRF S.A. ADR (BRFS), with institutional investors hold 10.01% of the company’s shares. The shares outstanding are 1.60B, and float is at 1.60B with Short Float at 0.29%. Institutions hold 4.70% 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.
