In recent trading session, Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) saw 2.67 million shares changing hands at last check today with its beta currently measuring 1.45. Company’s recent per share price level of $14.62 trading at $0.06 or 0.41% at last check today assigns it a market valuation of $54.40B. That most recent trading price of PBR’s stock is at a discount of -19.02% from its 52-week high price of $17.40 and is indicating a premium of 12.65% from its 52-week low price of $12.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 14.71 million shares which gives us an average trading volume of 16.46 million if we extend that period to 3-months.
For Petroleo Brasileiro S.A. Petrobras ADR (PBR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.81. Splitting up the data highlights that, out of 9 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.89 in the current quarter.
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Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) trade information
Upright in the green today for gaining 0.41%, in the last five days PBR remained trading in the green while hitting it’s week-highest on Wednesday, 09/25/24 when the stock touched $14.62 price level, adding 2.79% to its value on the day. Petroleo Brasileiro S.A. Petrobras ADR’s shares saw a change of -5.79% in year-to-date performance and have moved 1.53% in past 5-day. Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) showed a performance of -6.28% in past 30-days. Number of shares sold short was 34.45 million shares which calculate 1.8 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 17.85 to the stock, which implies a rise of 18.1% to its recent value today. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would jump 24.76% in reaching the projected high whereas dropping to the targeted low would mean a gain of 24.76% for stock’s current value.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) estimates and forecasts
This year revenue growth is estimated to fall -10.00% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 22.54B for the same. And 4 analysts are in estimates of company making revenue of 21.5B in the next quarter. Company posted 25.55B and 27.11B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 28.80% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -33.42% while estimates for its earnings growth in next 5 years are of -8.80%.
PBR Dividends
Petroleo Brasileiro S.A. Petrobras ADR is more likely to be releasing its next quarterly report on 2024-Nov-07 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 10.44%, the share has a forward dividend of 1.53 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 18.75%.
Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR)’s Major holders
GQG PARTNERS LLC is the top institutional holder at PBR for having 212.12 million shares of worth $3.07 billion. And as of 2024-06-30, it was holding 3.2836 of the company’s outstanding shares.
The second largest institutional holder is BAILLIE GIFFORD & CO, which was holding about 41.65 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.6448 of outstanding shares, having a total worth of $603.56 million.
