BRF S.A. [BRFS] fell -31.30% so far this year. What now?

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BRF S.A. [NYSE: BRFS] surged by $0.09 during the normal trading session on Wednesday and reaching a high of $2.81 during the day while it closed the day at $2.81. The company report on March 25, 2022 that BRF Filed its Annual Report on Form 20-F for 2021.

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BRF S.A. (“BRF” or “Company”) (B3: BRFS3; NYSE: BRFS) announces to its shareholders and the general market that it filed, on this date, its Annual Report on Form 20-F for the year ended December 31, 2021 with the U.S. Securities and Exchange Commission (“SEC”) and with the Brazilian Securities Commission (“CVM”), in English version. The version of the Form 20-F translated into Portuguese will be filed shortly with the CVM and made available on the Company’s website.

In compliance with the New York Stock Exchange rules, the Form 20-F is available on our website https://ri.brf-global.com/en/. In addition, all shareholders of BRF may request, free of charge, a hard copy of BRF’s complete audited financial statements filed with the SEC. To request a hard copy of BRF’s audited financial statements or to confirm or clarify this press release, please contact BRF’s Investor Relations Department, whose contact information is as follows:.

BRF S.A. stock has also loss 0.00% of its value over the past 7 days. However, BRFS stock has declined by -24.87% in the 3 months of the year. Over the past six months meanwhile, it has lost -29.40% and lost -31.30% year-on date.

The market cap for BRFS stock reached $3.06 billion, with 807.68 million shares outstanding and 531.53 million shares in the current float. Compared to the average trading volume of 3.73M shares, BRFS reached a trading volume of 3715742 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about BRF S.A. [BRFS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BRFS shares is $3.73 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BRFS stock is a recommendation set at 3.00. 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.

Goldman have made an estimate for BRF S.A. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on April 11, 2022. The new note on the price target was released on June 28, 2021, representing the official price target for BRF S.A. stock. Previously, the target price had yet another raise to $6.40, while BofA Securities analysts kept a Neutral rating on BRFS stock.

The Average True Range (ATR) for BRF S.A. is set at 0.16, with the Price to Sales ratio for BRFS stock in the period of the last 12 months amounting to 0.31. The Price to Book ratio for the last quarter was 1.33, with the Price to Cash per share for the same quarter was set at 1.46. Price to Free Cash Flow for BRFS in the course of the last twelve months was 5.64 with Quick ratio for the last quarter at 0.60.

BRFS stock trade performance evaluation

BRF S.A. [BRFS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by 0.00. With this latest performance, BRFS shares dropped by -30.62% in over the last four-week period, additionally sinking by -29.40% over the last 6 months – not to mention a drop of -28.50% 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 BRFS stock in for the last two-week period is set at 35.95, with the RSI for the last a single of trading hit 35.83, and the three-weeks RSI is set at 37.69 for BRF S.A. [BRFS]. The present Moving Average for the last 50 days of trading for this stock 3.31, while it was recorded at 2.77 for the last single week of trading, and 4.01 for the last 200 days.

BRF S.A. [BRFS]: An insightful look at the core fundamentals

BRF S.A.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 1.20.

Earnings per share (EPS) analysis for BRF S.A. [BRFS] stock

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 BRFS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BRF S.A. go to -11.20%.

BRF S.A. [BRFS]: Insider Ownership positions

There are presently around $159 million, or 5.60% of BRFS stock, in the hands of institutional investors. The top three institutional holders of BRFS stocks are: ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC with ownership of 24,998,710, which is approximately -0.872% of the company’s market cap and around 1.70% of the total institutional ownership; MACQUARIE GROUP LTD, holding 9,292,948 shares of the stock with an approximate value of $25.28 million in BRFS stocks shares; and VANGUARD GROUP INC, currently with $10.12 million in BRFS stock with ownership of nearly 0% of the company’s market capitalization.

Positions in BRF S.A. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 43 institutional holders increased their position in BRF S.A. [NYSE:BRFS] by around 3,405,358 shares. Additionally, 51 investors decreased positions by around 32,917,288 shares, while 22 investors held positions by with 22,058,812 shares. The mentioned changes placed institutional holdings at 58,381,458 shares, according to the latest SEC report filing. BRFS stock had 13 new institutional investments in for a total of 339,083 shares, while 17 institutional investors sold positions of 2,994,976 shares during the same period.