In the latest session, Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) closed at $16.52 down -1.20% from its previous closing price of $16.72. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 26145042 shares were traded.
Ratios:
For a deeper understanding of Petroleo Brasileiro S.A. Petrobras ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.01. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.65.
On September 21, 2023, Jefferies started tracking the stock assigning a Buy rating and target price of $21.20.
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 107.64B and an Enterprise Value of 155.23B. As of this moment, Petroleo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.01, and their Forward P/E ratio for the next fiscal year is 4.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 1.47 whereas that against EBITDA is 2.83.
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 16.57, while the 200-Day Moving Average is calculated to be 14.86.
Shares Statistics:
For the past three months, PBR has traded an average of 15.13M shares per day and 19.33M over the past ten 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 20.84% stake in the company. Shares short for PBR as of Feb 15, 2024 were 19.32M with a Short Ratio of 1.28, compared to 26.71M on Jan 12, 2024.
Dividends & Splits
According to the company, the forward annual dividend rate for PBR is 0.69, from 7.13 in the trailing year. Against a Trailing Annual Dividend Yield of 42.66%, it implies a Forward Annual Dividend Yield of 17.55%. The stock’s 5-year Average Dividend Yield is 17.07. 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
There are 5 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.11 for the current quarter, with a high estimate of $1.23 and a low estimate of $1, while EPS last year was $1.25. The consensus estimate for the next quarter is $0.91, with high estimates of $1.05 and low estimates of $0.83.
Analysts are recommending an EPS of between $4.09 and $3.51 for the fiscal current year, implying an average EPS of $3.92. EPS for the following year is $3.46, with 7 analysts recommending between $3.96 and $3.17.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $26.94B this quarter.It ranges from a high estimate of $29.04B to a low estimate of $26.1B. As of the current estimate, Petroleo Brasileiro S.A. Petrobras ADR’s year-ago sales were $30.15B, an estimated decrease of -10.60% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $26.47B, a decrease of -1.40% over than the figure of -$10.60% in the same quarter last year. There is a high estimate of $29.04B for the next quarter, whereas the lowest estimate is $25.25B.
A total of 10 analysts have provided revenue estimates for PBR’s current fiscal year. The highest revenue estimate was $104.89B, while the lowest revenue estimate was $100.12B, resulting in an average revenue estimate of $101.7B. In the same quarter a year ago, actual revenue was $124.22B, down -18.10% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $97.97B in the next fiscal year. The high estimate is $112.45B and the low estimate is $87.44B. The average revenue growth estimate for next year is down -3.70% from the average revenue estimate for this year.
