The price of Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) closed at $14.56 in the last session, down -1.49% from day before closing price of $14.78. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 40620138 shares were traded.
Ratios:
We take a closer look at PBR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.96. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.65.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on Mar-12-24, Downgraded its rating to Equal-Weight and sets its target price to $18 from $20 previously.
On March 08, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $16.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PBR now has a Market Capitalization of 96.51B and an Enterprise Value of 144.09B. As of this moment, Petroleo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.81, and their Forward P/E ratio for the next fiscal year is 4.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 1.37 whereas that against EBITDA is 2.62.
Stock Price History:
Over the past 52 weeks, PBR has reached a high of $17.91, while it has fallen to a 52-week low of $9.10. The 50-Day Moving Average of the stock is 16.67, while the 200-Day Moving Average is calculated to be 15.02.
Shares Statistics:
According to the various share statistics, PBR traded on average about 16.52M shares per day over the past 3-months and 28.44M shares per day over the past 10 days. A total of 3.72B shares are outstanding, with a floating share count of 3.72B. Insiders hold about 0.01% of the company’s shares, while institutions hold 20.76% stake in the company. Shares short for PBR as of Feb 15, 2024 were 19.32M with a Short Ratio of 1.17, compared to 26.71M on Jan 12, 2024.
Dividends & Splits
The forward annual dividend rate for PBR is 0.69, which was 0.00 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 19.86%. The stock’s 5-year Average Dividend Yield is 17.36. The current Payout Ratio is 113.50% for PBR, which recently paid a dividend on Feb 27, 2024 with an ex-dividend date of Nov 22, 2023. Stock splits for the company last occurred on May 08, 2008 when the company split stock in a 2:1 ratio.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.91 for the current quarter, with a high estimate of $1.06 and a low estimate of $0.78, while EPS last year was $1.11. The consensus estimate for the next quarter is $0.89, with high estimates of $1.05 and low estimates of $0.77.
Analysts are recommending an EPS of between $4.01 and $3.03 for the fiscal current year, implying an average EPS of $3.45. EPS for the following year is $3.1, with 6 analysts recommending between $3.46 and $2.36.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $26.71B. It ranges from a high estimate of $29.3B to a low estimate of $25.48B. As of the current estimate, Petroleo Brasileiro S.A. Petrobras ADR’s year-ago sales were $26.84B, an estimated decrease of -0.50% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $26.07B, an increase of 13.30% over than the figure of -$0.50% in the same quarter last year. There is a high estimate of $29.21B for the next quarter, whereas the lowest estimate is $23.41B.
A total of 10 analysts have provided revenue estimates for PBR’s current fiscal year. The highest revenue estimate was $113.47B, while the lowest revenue estimate was $87.42B, resulting in an average revenue estimate of $98.24B. In the same quarter a year ago, actual revenue was $102.52B, down -4.20% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $93.2B in the next fiscal year. The high estimate is $104.13B and the low estimate is $81.21B. The average revenue growth estimate for next year is down -5.10% from the average revenue estimate for this year.
