We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
BRF (BRFS) Declines More Than Market: Some Information for Investors
Read MoreHide Full Article
BRF (BRFS - Free Report) ended the recent trading session at $3.60, demonstrating a -2.44% change from the preceding day's closing price. This change lagged the S&P 500's 0.01% loss on the day. At the same time, the Dow lost 0.32%, and the tech-heavy Nasdaq gained 0.05%.
The chicken, beef and pork producer's stock has dropped by 1.34% in the past month, falling short of the Consumer Staples sector's gain of 0.42% and the S&P 500's gain of 5.37%.
Market participants will be closely following the financial results of BRF in its upcoming release. The company is predicted to post an EPS of $0.11, indicating constancy compared to the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.39 per share and a revenue of $12.15 billion, signifying shifts of +8.33% and +11.05%, respectively, from the last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for BRF. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, BRF is carrying a Zacks Rank of #2 (Buy).
In terms of valuation, BRF is presently being traded at a Forward P/E ratio of 9.46. This valuation marks a discount compared to its industry average Forward P/E of 16.27.
We can additionally observe that BRFS currently boasts a PEG ratio of 0.23. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Food - Miscellaneous industry currently had an average PEG ratio of 1.65 as of yesterday's close.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 169, which puts it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
BRF (BRFS) Declines More Than Market: Some Information for Investors
BRF (BRFS - Free Report) ended the recent trading session at $3.60, demonstrating a -2.44% change from the preceding day's closing price. This change lagged the S&P 500's 0.01% loss on the day. At the same time, the Dow lost 0.32%, and the tech-heavy Nasdaq gained 0.05%.
The chicken, beef and pork producer's stock has dropped by 1.34% in the past month, falling short of the Consumer Staples sector's gain of 0.42% and the S&P 500's gain of 5.37%.
Market participants will be closely following the financial results of BRF in its upcoming release. The company is predicted to post an EPS of $0.11, indicating constancy compared to the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.39 per share and a revenue of $12.15 billion, signifying shifts of +8.33% and +11.05%, respectively, from the last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for BRF. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, BRF is carrying a Zacks Rank of #2 (Buy).
In terms of valuation, BRF is presently being traded at a Forward P/E ratio of 9.46. This valuation marks a discount compared to its industry average Forward P/E of 16.27.
We can additionally observe that BRFS currently boasts a PEG ratio of 0.23. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Food - Miscellaneous industry currently had an average PEG ratio of 1.65 as of yesterday's close.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 169, which puts it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.