BB Seguridade Participacoes (OTCMKTS:BBSEY) Sees Unusually-High Trading Volume - Should You Buy?

Key Points

• Unusually-high trading volume: About 227,847 shares traded (a 105% increase from the prior session) as the stock last traded at $6.61, up from a $6.54 close.
• Analyst sentiment: The Goldman Sachs Group downgraded BB Seguridade to a "neutral" rating on Feb. 13 and the consensus from two analysts is a "Hold."
• Mixed financials: Quarterly EPS of $0.22 beat estimates of $0.21 while revenue missed ($486.6M vs. $509.1M); the company shows very high profitability (ROE ~80.2%, net margin ~87.3%) and trades at a P/E of 7.99 with a $13.27B market cap.

BB Seguridade Participacoes SA (OTCMKTS:BBSEY - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 227,847 shares changed hands during mid-day trading, an increase of 105% from the previous session's volume of 111,379 shares.The stock last traded at $6.61 and had previously closed at $6.54.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered BB Seguridade Participacoes to a "neutral" rating in a report on Friday, February 13th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of "Hold".

BB Seguridade Participacoes Stock Performance

The firm has a market cap of $13.27 billion, a price-to-earnings ratio of 7.99, a PEG ratio of 2.48 and a beta of 0.35. The business has a fifty day moving average of $6.94 and a two-hundred day moving average of $6.53.

BB Seguridade Participacoes (OTCMKTS:BBSEY - Get Free Report) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.01. The firm had revenue of $486.61 million during the quarter, compared to analysts' expectations of $509.09 million. BB Seguridade Participacoes had a return on equity of 80.16% and a net margin of 87.29%. On average, equities research analysts forecast that BB Seguridade Participacoes SA will post 0.71 earnings per share for the current year.

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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