BRF (BRFS) Expected to Announce Quarterly Earnings on Monday

BRF (NYSE:BRFS) will likely be issuing its quarterly earnings data on Monday, February 24th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $2.72 billion for the quarter.

BRF Trading Up 3.1 %

NYSE BRFS opened at $3.52 on Monday. The company has a quick ratio of 0.93, a current ratio of 1.45 and a debt-to-equity ratio of 1.05. BRF has a twelve month low of $2.67 and a twelve month high of $4.87. The firm has a market capitalization of $3.80 billion, a PE ratio of 8.17, a P/E/G ratio of 0.21 and a beta of 1.86. The stock’s 50 day moving average is $3.97 and its 200 day moving average is $4.22.

BRF Cuts Dividend

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

Wall Street Analyst Weigh In

BRFS has been the topic of several research reports. StockNews.com upgraded BRF from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 20th. Citigroup upgraded BRF from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 22nd. Two analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $10.70.

BRF Company Profile

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.