BRF (BRFS) Projected to Post Quarterly Earnings on Monday

BRF (NYSE:BRFS) will likely be announcing its earnings results on Monday, February 24th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $2.72 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

BRF Trading Up 0.8 %

Shares of BRFS opened at $3.36 on Friday. The company has a current ratio of 1.45, a quick ratio of 0.93 and a debt-to-equity ratio of 1.05. BRF has a 12-month low of $2.67 and a 12-month high of $4.87. The firm has a 50-day moving average price of $3.84 and a 200 day moving average price of $4.20. The firm has a market capitalization of $3.63 billion, a P/E ratio of 7.80, a P/E/G ratio of 0.19 and a beta of 1.86.

BRF Cuts Dividend

The business also recently announced a — dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.0217 per share. This represents a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, December 18th. BRF’s dividend payout ratio (DPR) is presently 18.60%.

Analysts Set New Price Targets

Several brokerages have weighed in on BRFS. StockNews.com raised shares of BRF from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 20th. Citigroup raised shares of BRF from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 22nd. Two research analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, BRF currently has an average rating of “Buy” and an average price target of $10.70.

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.