Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR)’s traded shares stood at 13.49 million during the latest session, with the company’s beta value hitting 1.45. At the last check today, the stock’s price was $13.43, to imply a decrease of -6.22% or -$0.89 in intraday trading. The PBR share’s 52-week high remains $17.10, putting it -27.33% down since that peak but still an impressive 6.63% since price per share fell to its 52-week low of $12.54.
Analysts have given a consensus recommendation of Buy for Petroleo Brasileiro S.A. Petrobras ADR (PBR), translating to a mean rating of 1.57. Of 9 analyst(s) looking at the stock, 1 analyst(s) give PBR a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.8.
Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) trade information
After registering a -6.22% downside in the latest session, Petroleo Brasileiro S.A. Petrobras ADR (PBR) has traded red over the past five days. The 5-day price performance for the stock is -9.99%, and -3.73% over 30 days. With these gigs, the year-to-date price performance is 4.43%.
The extremes give us $13 and $13 for target low and target high price respectively. As such, PBR has been trading 3.2% off suggested target high and 3.2% from its likely low.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) estimates and forecasts
The rating firms project that company’s revenue will shrink -4.78% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 132.49B. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 127.78B.Earnings reports from the last fiscal year show that sales brought in 117.72B and 122.26B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 12.55% before jumping 4.52% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 28.80% for the past 5-year period. While 2025 is set for a 33.72% return in earnings, projections for the next 5 years are at 11.09% annually.
PBR Dividends
Petroleo Brasileiro S.A. Petrobras ADR has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Petroleo Brasileiro S.A. Petrobras ADR has a forward dividend ratio of 0.44, with the share yield ticking at 3.25% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is FMR LLC with 25.67 million shares, or about 0.3974% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $371.98 million.
We also have Goldman Sachs GQG Partners International Opportunities Fund and Advisors Inner Circle Fund III-GQG Partners Emerging Markets Equity Fd as the top two Mutual Funds with the largest holdings of the Petroleo Brasileiro S.A. Petrobras ADR (PBR) shares. Going by data provided on Oct 31, 2024 , Goldman Sachs GQG Partners International Opportunities Fund holds roughly 68.24 shares. This is just over 1.83% of the total shares, with a market valuation of $914.07 million. Data from the same date shows that the other fund manager holds a little less at 54.39, or 1.46% of the shares, all valued at about 728.58 million.
