Brf S.A. (NYSE:BRFS) Given Average Recommendation of “Moderate Buy” by Brokerages

Brf S.A. (NYSE:BRFS) has earned a consensus rating of “Moderate Buy” from the five ratings firms that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $10.70.

BRFS has been the subject of a number of research reports. StockNews.com cut BRF from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 20th. Citigroup upgraded BRF from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 22nd.

Institutional Trading of BRF

Institutional investors and hedge funds have recently modified their holdings of the stock. TD Private Client Wealth LLC purchased a new position in shares of BRF during the third quarter valued at approximately $27,000. GAMMA Investing LLC lifted its stake in BRF by 111.7% during the 1st quarter. GAMMA Investing LLC now owns 9,082 shares of the company’s stock valued at $31,000 after acquiring an additional 4,792 shares in the last quarter. Hennion & Walsh Asset Management Inc. purchased a new position in BRF during the 4th quarter worth $43,000. PFG Investments LLC bought a new stake in shares of BRF in the 4th quarter worth $51,000. Finally, Headlands Technologies LLC purchased a new stake in shares of BRF in the fourth quarter valued at about $55,000. 4.76% of the stock is owned by hedge funds and other institutional investors.

BRF Trading Down 1.1 %

NYSE BRFS opened at $3.12 on Wednesday. BRF has a one year low of $2.99 and a one year high of $4.87. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.45 and a quick ratio of 0.93. The business has a 50 day simple moving average of $3.38 and a 200 day simple moving average of $3.94. The stock has a market capitalization of $3.37 billion, a P/E ratio of 7.24, a P/E/G ratio of 0.19 and a beta of 1.51.

BRF (NYSE:BRFS) last released its quarterly earnings data on Wednesday, February 26th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.11). The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.72 billion. BRF had a return on equity of 19.66% and a net margin of 6.52%. Research analysts expect that BRF will post 0.45 earnings per share for the current year.

BRF Company Profile

BRF SA raises, produces, and slaughters poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and other products. The company provides frozen whole and cut chicken, frozen pork, and turkey, and halal products for Islamic markets; processed foods, such as marinated, frozen, seasoned whole, and cut chicken, roosters, sausages, ham products, bologna, frankfurters, salamis, bacons, cold meats, and other smoked products; and hamburgers, steaks, breaded meat products, kibbeh, and meatballs, as well as chicken sausages, hot dogs, and chicken bologna.