BRF (BRFS) Expected to Announce Quarterly Earnings on Monday

BRF (NYSE:BRFS) is anticipated to release its earnings data on Monday, February 24th. Analysts expect BRF to post earnings of $0.18 per share and revenue of $2.72 billion for the quarter.

BRF Stock Performance

Shares of BRFS opened at $3.52 on Monday. The firm has a market capitalization of $3.80 billion, a P/E ratio of 8.17, a PEG ratio of 0.21 and a beta of 1.86. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.45 and a quick ratio of 0.93. BRF has a one year low of $2.67 and a one year high of $4.87. The business has a fifty day moving average of $3.97 and a 200 day moving average of $4.22.

BRF Cuts Dividend

The company also recently announced a — dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, December 18th were given a $0.0217 dividend. The ex-dividend date was Wednesday, December 18th. This represents a yield of 1.6%. BRF’s payout ratio is 18.60%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on BRFS shares. StockNews.com upgraded BRF from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 20th. Citigroup upgraded BRF from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 22nd. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, BRF has a consensus rating of “Buy” and a consensus target price of $10.70.

About BRF

BRF SA raises, produces, and slaughters poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and other products. The company provides frozen whole and cut chicken, frozen pork, and turkey, and halal products for Islamic markets; processed foods, such as marinated, frozen, seasoned whole, and cut chicken, roosters, sausages, ham products, bologna, frankfurters, salamis, bacons, cold meats, and other smoked products; and hamburgers, steaks, breaded meat products, kibbeh, and meatballs, as well as chicken sausages, hot dogs, and chicken bologna.