In the latest trading session, 1.33 million Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) shares changed hands as the company’s beta touched 1.04. With the company’s most recent per share price at $13.94 changing hands around $0.06 or 0.43% at last look, the market valuation stands at $51.87B. PBR’s current price is a discount, trading about -19.58% off its 52-week high of $16.67. The share price had its 52-week low at $12.45, which suggests the last value was 10.69% up since then. When we look at Petroleo Brasileiro S.A. Petrobras ADR’s average trading volume, we note the 10-day average is 16.91 million shares, with the 3-month average coming to 14.81 million.
Analysts gave the Petroleo Brasileiro S.A. Petrobras ADR (PBR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.62. If we narrow down to specifics, the data shows that 1 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended PBR as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight.
Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) trade information
Instantly PBR is in green as seen in intraday trades today. With action 10.02%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 8.40%, with the 5-day performance at 10.02% in the green. However, in the 30-day time frame, Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) is -5.56% down. Looking at the short shares, we see there were 37.52 million shares sold at short interest cover period of 2.21 days.
The consensus price target for the stock as assigned by Wall Street analysts is 14, meaning bulls need an upside of 0.43% from its recent market value. According to analyst projections, PBR’s forecast low is 13 with 15 as the target high. To hit the forecast high, the stock’s price needs a -7.6% plunge from its current level, while the stock would need to tank 6.74% for it to hit the projected low.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -2.65%. The 2025 estimates are for Petroleo Brasileiro S.A. Petrobras ADR earnings to increase by 516.54%, but the outlook for the next 5-year period is at 81.62% per year.
PBR Dividends
Petroleo Brasileiro S.A. Petrobras ADR is expected to release its next quarterly earnings report on 2025-Feb-26. The 3.13% annual yield figure for the share gives it an annual dividend of 0.44. It is important to note, however, that the 3.13% 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. During the past 5 years, the average dividend yield was 20.28 per year.
Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.00% of Petroleo Brasileiro S.A. Petrobras ADR shares while 19.90% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 19.90%. There are 19.90% institutions holding the Petroleo Brasileiro S.A. Petrobras ADR stock share, with GQG PARTNERS LLC the top institutional holder. As of 2024-06-30, the company held 1.6446% of the shares, roughly 212.12 million PBR shares worth $3.07 billion.
FMR LLC holds the second largest percentage of outstanding shares, with 0.3974% or 25.67 million shares worth $371.98 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were Goldman Sachs GQG Partners International Opportunities Fund and Advisors Inner Circle Fund III-GQG Partners Emerging Markets Equity Fd. With 68.24 shares estimated at $951.26 million under it, the former controlled 1.83% of total outstanding shares. On the other hand, Advisors Inner Circle Fund III-GQG Partners Emerging Markets Equity Fd held about 1.46% of the shares, roughly 54.39 shares worth around $758.22 million.
