BB Seguridade Participacoes (OTCMKTS:BBSEY) Posts Quarterly Earnings Results, Meets Estimates

Key Points

• EPS $0.21, met estimates: BB Seguridade reported quarterly EPS of $0.21, matching consensus, and showed very strong profitability metrics with a return on equity of 80.16% and a net margin of 87.29%.
• Shares and valuation: The stock traded down about 1.0% to $6.88, with a market cap of $13.36 billion and a low P/E of 8.29, while volume was slightly below average.
• Mixed analyst views: Analysts are split—Zacks upgraded to Strong Buy, Goldman Sachs is Neutral and Itau BBA is Underperform—leaving a MarketBeat consensus rating of "Hold".

BB Seguridade Participacoes (OTCMKTS:BBSEY - Get Free Report) announced its quarterly earnings data on Monday. The company reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21, Zacks reports. BB Seguridade Participacoes had a return on equity of 80.16% and a net margin of 87.29%.

BB Seguridade Participacoes Trading Down 1.0%

Shares of OTCMKTS:BBSEY traded down $0.07 during mid-day trading on Monday, reaching $6.88. The stock had a trading volume of 100,690 shares, compared to its average volume of 129,183. The company has a market cap of $13.36 billion, a P/E ratio of 8.29 and a beta of 0.38. BB Seguridade Participacoes has a 1 year low of $5.80 and a 1 year high of $8.58. The business's 50 day moving average price is $6.85 and its 200 day moving average price is $6.69.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on BBSEY shares. Zacks Research upgraded BB Seguridade Participacoes from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 17th. The Goldman Sachs Group downgraded BB Seguridade Participacoes to a "neutral" rating in a research report on Friday, February 13th. Finally, Itau BBA Securities downgraded BB Seguridade Participacoes to an "underperform" rating in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold".

BB Seguridade Participacoes Company Profile

BB Seguridade Participações SA is a leading Brazilian insurance and pension holding company, primarily focused on the design, underwriting and distribution of risk protection and retirement solutions. As a publicly traded subsidiary of Banco do Brasil, BB Seguridade operates through a network of specialized businesses that serve both individual and institutional clients across Brazil.

The company’s main offerings are delivered via its core subsidiaries: Brasilprev (private pension and savings plans), BB Mapfre (property & casualty insurance), Brasilveículos (auto warranty and mechanical protection), Brasilcap (surety bonds) and BB Seguros (life, rural and personal accident insurance).

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