In today’s recent session, 2.35 million shares of the Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) have been traded, and its beta is 1.46. Most recently the company’s share price was $14.28, and it changed around -$0.05 or -0.34% from the last close, which brings the market valuation of the company to $53.14B. PBR at last check was trading at a discount to its 52-week high of $17.42, offering almost -21.99% off that amount. The share price’s 52-week low was $12.78, which indicates that the recent value has risen by an impressive 10.5% since then. We note from Petroleo Brasileiro S.A. Petrobras ADR’s average daily trading volume that its 10-day average is 14.18 million shares, with the 3-month average coming to 14.78 million.

Petroleo Brasileiro S.A. Petrobras ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.56. If we narrow it down even further, the data shows that 0 out of 16 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 6 recommended PBR as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.

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

Instantly PBR has been showing red trend so far today with a performance of -0.34% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 14.57 on recent trading dayincreased the stock’s daily price by 1.99%. The company’s shares are currently down -8.04% year-to-date, but still up 1.79% over the last five days. On the other hand, Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) is 4.85% up in the 30-day period. We can see from the shorts that 24.43 million shares have been sold at a short interest cover period of 1.48 day(s).

The consensus price target as assigned by Wall Street analysts is $16.5, which translates to bulls needing to increase their stock price by 13.45% from its current value. Analyst projections state that PBR is forecast to be at a low of $13 and a high of $20.

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

Petroleo Brasileiro S.A. Petrobras ADR share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 3.35 percent over the past six months and at a -44.50% annual growth rate that is well below the industry average of -33.30%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 28.80%. Petroleo Brasileiro S.A. Petrobras ADR earnings are expected to increase by -36.50% in 2024, but the outlook is negative -5.35% per year for the next five years.

PBR Dividends

Petroleo Brasileiro S.A. Petrobras ADR’s next quarterly earnings report is expected to be released in January. The annual dividend yield of the stock is 3.05 percent and its annual dividend per share was 0.44. It is important to note, however, that the 3.05% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 19.33 per year.

Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR)’s Major holders

BAILLIE GIFFORD & CO, with 0.6448% or 41.65 million shares worth $603.56 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Goldman Sachs GQG Partners International Opportunities Fund and Advisors Inner Circle Fund III-GQG Partners Emerging Markets Equity Fd were the top two Mutual Funds as of Jul 31, 2024. The former held 67.75 shares worth $971.17 million, making up 1.82% of all outstanding shares. On the other hand, Advisors Inner Circle Fund III-GQG Partners Emerging Markets Equity Fd held roughly 54.39 shares worth around $779.71 million, which represents about 1.46% of the total shares outstanding.