Petroleo Brasileiro S.A. – Petrobras [PBR] Revenue clocked in at $49.19 billion, down -29.39% YTD: What’s Next?

Petroleo Brasileiro S.A. – Petrobras [NYSE: PBR] slipped around -0.34 points on Friday, while shares priced at $7.93 at the close of the session, down -4.11%. The company report on January 19, 2021 that ALVOF: Alvopetro Energy – Monthly Production Increasing from the Caburé Natural Gas Project.

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By Steven Ralston, CFA.

OTC:ALVOF | TSX:ALV.

Petroleo Brasileiro S.A. – Petrobras stock is now -29.39% down from its year-to-date (YTD) trading value. PBR Stock saw the intraday high of $8.32 and lowest of $7.85 per share. The company’s 52-week high price is 13.10, which means current price is +2.06% above from all time high which was touched on 01/06/21.

Compared to the average trading volume of 30.76M shares, PBR reached a trading volume of 60631608 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Petroleo Brasileiro S.A. – Petrobras [PBR]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PBR shares is $12.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PBR stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Scotiabank have made an estimate for Petroleo Brasileiro S.A. – Petrobras shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on February 22, 2021. While these analysts kept the previous recommendation, JP Morgan raised their target price from $17 to $9. The new note on the price target was released on February 22, 2021, representing the official price target for Petroleo Brasileiro S.A. – Petrobras stock. Previously, the target price had yet another raise to $11, while BofA Securities analysts kept a Underperform rating on PBR stock.

The Average True Range (ATR) for Petroleo Brasileiro S.A. – Petrobras is set at 0.59, with the Price to Sales ratio for PBR stock in the period of the last 12 months amounting to 1.10. The Price to Book ratio for the last quarter was 0.93, with the Price to Cash per share for the same quarter was set at 1.70. Price to Free Cash Flow for PBR in the course of the last twelve months was 2.68 with Quick ratio for the last quarter at 0.80.

How has PBR stock performed recently?

Petroleo Brasileiro S.A. – Petrobras [PBR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -21.09. With this latest performance, PBR shares dropped by -23.31% in over the last four-week period, additionally sinking by -2.34% over the last 6 months – not to mention a drop of -34.35% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PBR stock in for the last two-week period is set at 30.07, with the RSI for the last a single of trading hit 26.53, and the three-weeks RSI is set at 33.59 for Petroleo Brasileiro S.A. – Petrobras [PBR]. The present Moving Average for the last 50 days of trading for this stock 10.63, while it was recorded at 8.27 for the last single week of trading, and 8.91 for the last 200 days.

Petroleo Brasileiro S.A. – Petrobras [PBR]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Petroleo Brasileiro S.A. – Petrobras [PBR] shares currently have an operating margin of +31.65 and a Gross Margin at +41.60. Petroleo Brasileiro S.A. – Petrobras’s Net Margin is presently recorded at +2.61.

Return on Total Capital for PBR is now 12.72, given the latest momentum, and Return on Invested Capital for the company is 1.13. Return on Equity for this stock inclined to 2.35, with Return on Assets sitting at 0.74. When it comes to the capital structure of this company, Petroleo Brasileiro S.A. – Petrobras [PBR] has a Total Debt to Total Equity ratio set at 127.28. Additionally, PBR Total Debt to Total Capital is recorded at 56.00, with Total Debt to Total Assets ending up at 39.75. Long-Term Debt to Equity for the company is recorded at 110.63, with the Long-Term Debt to Total Capital now at 48.67.

Reflecting on the efficiency of the workforce at the company, Petroleo Brasileiro S.A. – Petrobras [PBR] managed to generate an average of $144,913 per employee. Receivables Turnover for the company is 8.06 with a Total Asset Turnover recorded at a value of 0.28.Petroleo Brasileiro S.A. – Petrobras’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.00.

Earnings analysis for Petroleo Brasileiro S.A. – Petrobras [PBR]

With the latest financial reports released by the company, Petroleo Brasileiro S.A. – Petrobras posted 0.3/share EPS, while the average EPS was predicted by analysts to be reported at 0.38/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -21.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PBR.

Insider trade positions for Petroleo Brasileiro S.A. – Petrobras [PBR]

The top three institutional holders of PBR stocks are: MONEDA S.A. ADMINISTRADORA GENERAL DE FONDOS with ownership of 7,442,454,142, which is approximately 311280.082% of the company’s market cap and around 39.80% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 55,052,224 shares of the stock with an approximate value of $436.56 million in PBR stocks shares; and BAILLIE GIFFORD & CO, currently with $417.35 million in PBR stock with ownership of nearly 2.086% of the company’s market capitalization.

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