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Petrobras (PBR) Stock Sinks As Market Gains: Here's Why
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Petrobras (PBR - Free Report) ended the recent trading session at $20.37, demonstrating a -2.26% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.51%. Elsewhere, the Dow saw an upswing of 0.93%, while the tech-heavy Nasdaq appreciated by 0.48%.
Shares of the oil and gas company witnessed a gain of 14.19% over the previous month, beating the performance of the Oils-Energy sector with its gain of 0.53%, and the S&P 500's gain of 0.74%.
Investors will be eagerly watching for the performance of Petrobras in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 10, 2026. The company's earnings per share (EPS) are projected to be $0.99, reflecting a 20.73% increase from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $28.74 billion, indicating a 22.43% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.81 per share and a revenue of $114.38 billion, representing changes of +71.79% and +28.23%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Petrobras. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Petrobras is currently a Zacks Rank #3 (Hold).
In terms of valuation, Petrobras is presently being traded at a Forward P/E ratio of 4.33. This denotes a discount relative to the industry average Forward P/E of 8.78.
One should further note that PBR currently holds a PEG ratio of 0.82. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Oil and Gas - Integrated - International was holding an average PEG ratio of 0.64 at yesterday's closing price.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 79, positioning it in the top 33% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow PBR in the coming trading sessions, be sure to utilize Zacks.com.
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Petrobras (PBR) Stock Sinks As Market Gains: Here's Why
Petrobras (PBR - Free Report) ended the recent trading session at $20.37, demonstrating a -2.26% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.51%. Elsewhere, the Dow saw an upswing of 0.93%, while the tech-heavy Nasdaq appreciated by 0.48%.
Shares of the oil and gas company witnessed a gain of 14.19% over the previous month, beating the performance of the Oils-Energy sector with its gain of 0.53%, and the S&P 500's gain of 0.74%.
Investors will be eagerly watching for the performance of Petrobras in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 10, 2026. The company's earnings per share (EPS) are projected to be $0.99, reflecting a 20.73% increase from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $28.74 billion, indicating a 22.43% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.81 per share and a revenue of $114.38 billion, representing changes of +71.79% and +28.23%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Petrobras. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Petrobras is currently a Zacks Rank #3 (Hold).
In terms of valuation, Petrobras is presently being traded at a Forward P/E ratio of 4.33. This denotes a discount relative to the industry average Forward P/E of 8.78.
One should further note that PBR currently holds a PEG ratio of 0.82. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Oil and Gas - Integrated - International was holding an average PEG ratio of 0.64 at yesterday's closing price.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 79, positioning it in the top 33% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow PBR in the coming trading sessions, be sure to utilize Zacks.com.