Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR-A) traded at $8.65 at last check on Monday, May 03, made a downturn move of -0.06% on its previous day’s price.
Looking at the stock we see that its previous close was $8.65 and the beta (5Y monthly) reads 0 with the day’s price range being $8.59 – 8.76. The company has a trailing 12-month PE ratio of 42.4. In terms of its 52-week price range, PBR-A has a high of $11.72 and a low of $5.62. The company’s stock has gained about 1.29% over that past 30 days.
Petroleo Brasileiro S.A. – Petrobras has a market cap of $56.42 Billion and is expected to release its quarterly earnings report in June. With its Forward Dividend at 0.29 and a yield of 3.35%, the company’s investors could be anxious for the PBR-A stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.24, with the EPS growth for the year raised at $1.56 for 2021 and $1.41 for next year. These figures represent 2.9% and -0.1% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $18.44 Billion, with a low of $18.08 Billion and a high of $18.8 Billion. The median projection represents growth adding up to 7.6% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2021 is expected to hit $80.77 Billion, or +53.1% up from figures reported last year.
Coming back to Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR-A), we note that the average 3-month trading volume was 10.07 Million, while that of the preceding 10-day period stands at 9.88 Million. Current shares outstanding are 6.52 Billion.
According to data from Thomson Reuters, insiders hold 0% of the company’s shares while institutions hold 11.15%. The data shows that short shares as of April 14, 2021, stood at 5.13 Million at a short ratio of 0.63. This represents a 0.08% short interest in shares outstanding on April 14, 2021. Shares short dropped in April from the previous month at 7.98 Million. Investors should be worried about this stock as its upside potential is weak, with today’s price pushing the stock -21.79% down in year-to-date price movement.