BRF S.A. [NYSE: BRFS] surged by $0.04 during the normal trading session on Tuesday and reaching a high of $1.845 during the day while it closed the day at $1.83. The company report on April 28, 2023 at 5:34 PM that BRF filled its Annual Report on Form 20-F.
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, 2022 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 -3.68% of its value over the past 7 days. However, BRFS stock has declined by -0.54% in the 3 months of the year. Over the past six months meanwhile, it has gained 42.97% and gained 15.82% year-on date.
The market cap for BRFS stock reached $3.07 billion, with 1.68 billion shares outstanding and 1.67 billion shares in the current float. Compared to the average trading volume of 5.13M shares, BRFS reached a trading volume of 4299703 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 $1.80 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.
JP Morgan have made an estimate for BRF S.A. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on August 04, 2023.
The Average True Range (ATR) for BRF S.A. is set at 0.09, with the Price to Sales ratio for BRFS stock in the period of the last 12 months amounting to 0.28. The Price to Book ratio for the last quarter was 1.07, with the Price to Cash per share for the same quarter was set at 0.95.
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 -3.68. With this latest performance, BRFS shares dropped by -10.73% in over the last four-week period, additionally plugging by 42.97% over the last 6 months – not to mention a drop of -40.97% 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 42.40, with the RSI for the last a single of trading hit 39.92, and the three-weeks RSI is set at 45.06 for BRF S.A. [BRFS]. The present Moving Average for the last 50 days of trading for this stock 1.9520, while it was recorded at 1.8200 for the last single week of trading, and 1.6047 for the last 200 days.
BRF S.A. [BRFS]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and BRF S.A. [BRFS] shares currently have an operating margin of +0.75 and a Gross Margin at +14.20. BRF S.A.’s Net Margin is presently recorded at -5.79.
Return on Total Capital for BRFS is now 1.07, given the latest momentum, and Return on Invested Capital for the company is -9.45. Return on Equity for this stock declined to -31.59, with Return on Assets sitting at -5.48. When it comes to the capital structure of this company, BRF S.A. [BRFS] has a Total Debt to Total Equity ratio set at 235.69. Additionally, BRFS Total Debt to Total Capital is recorded at 70.21, with Total Debt to Total Assets ending up at 45.91. Long-Term Debt to Equity for the company is recorded at 195.25, with the Long-Term Debt to Total Capital now at 58.17.
Receivables Turnover for the company is 9.99 with a Total Asset Turnover recorded at a value of 0.95.BRF S.A.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 1.10.
BRF S.A. [BRFS]: Institutional Ownership
The top three institutional holders of BRFS stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in BRFS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in BRFS stock with ownership which is approximately 5.7381%.