Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR): Growth Outlook And Performance Review

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In the last trading session, 23.19 million Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) shares changed hands as the company’s beta touched 1.52. With the company’s per share price at $15.79 changed hands at $0.07 or 0.45% during last session, the market valuation stood at $58.76B. PBR’s last price was a discount, traded about -13.43% off its 52-week high of $17.91. The share price had its 52-week low at $9.30, which suggests the last value was 41.1% up since then. When we look at Petroleo Brasileiro S.A. Petrobras ADR’s average trading volume, we note the 3-month average coming to 20.33 million.

Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) trade information

Instantly PBR was in green as seen at the end of in last trading. With action 0.96%, the performance over the past five days has been green. The jump to weekly highs of 16.17 added 0.45% to the stock’s daily price. The company’s shares are showing year-to-date downside of -1.13%, with the 5-day performance at 0.96% in the green. However, in the 30-day time frame, Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) is 7.27% up.

Petroleo Brasileiro S.A. Petrobras ADR (PBR) estimates and forecasts

Data shows that the Petroleo Brasileiro S.A. Petrobras ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 8.21% over the past 6 months, a -16.03% in annual growth rate that is considerably higher than the industry average of -27.40%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 28.80%. The 2024 estimates are for Petroleo Brasileiro S.A. Petrobras ADR earnings to decrease by -8.49%, but the outlook for the next 5-year period is at -8.80% per year.

PBR Dividends

Petroleo Brasileiro S.A. Petrobras ADR is expected to release its next quarterly earnings report in May. The 7.64% annual yield figure for the share gives it an annual dividend of 1.21. It is important to note, however, that the 7.64% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.