Does Petroleo Brasileiro S.A. Petrobras ADR (PBR)’s Current Price Volatility Hinder Its Future Potential?

Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) has a beta value of 0.91 and has seen 10.8 million shares traded in the recent trading session. The company, currently valued at $48.45B, closed the recent trade at $25580000.0 per share which meant it gained $25579986.93 on the day or 10801495% during that session. The PBR stock price is 100.0% off its 52-week high price of $15.15 and 100.0% above the 52-week low of $10.83.

The consensus among analysts is that Petroleo Brasileiro S.A. Petrobras ADR (PBR) is Buy stock at the moment, with a recommendation rating of 1.67. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 9 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.66.

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

Over the past 30 days, the shares of Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) have changed 11.35%.

Wall Street analysts have a consensus price target for the stock at $15.15, which means that the shares’ value could drop -168844784.49% from the levels at last check today.. The projected low price target is $15.0 while the price target rests at a high of $15.3. In that case, then, we find that the latest price level in today’s session is 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..

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

The company’s shares have lost -0.03% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -11.07%.

4 analysts offering their estimates for the company have set an average revenue estimate of 112.75B for the current quarter. 4 have an estimated revenue figure of 120.03B for the next ending quarter. Year-ago sales stood 122.26B and 129.58B respectively for this quarter and the next, and analysts expect sales will shrink by -7.78% for the current quarter and -11.07% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -2.65% over the past 5 years. Earnings growth for 2025 is a modest 446.32% while over the next 5 years, the company’s earnings are expected to increase by 78.28%.

PBR Dividends

Petroleo Brasileiro S.A. Petrobras ADR is expected to release its next earnings report on 2025-May-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.28 at a share yield of 9.82%. The company’s dividend yield has gone up over the past 12 months.

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

Insiders own 0.00% of the company shares, while shares held by institutions stand at 19.71% with a share float percentage of 19.71%. Investors are also buoyed by the number of investors in a company, with Petroleo Brasileiro S.A. Petrobras ADR having a total of 654.0 institutions that hold shares in the company. The top two institutional holders are GQG PARTNERS LLC with over 212.12 million shares worth more than $3.07 billion. As of 2024-06-30, GQG PARTNERS LLC held 1.6446% of shares outstanding.

The other major institutional holder is BAILLIE GIFFORD & CO, with the holding of over 41.65 million shares as of 2024-06-30. The firm’s total holdings are worth over $603.56 million and represent 0.323% of shares outstanding.

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