JBS (JBSAY) to Release Earnings on Monday

Key Points

• JBS is scheduled to report quarterly results after the market close on May 11, with analysts forecasting EPS $0.3501 and revenue of $20.2382 billion.
• Mid-day price was $14.44, with a 52-week range of $10.18–$18.02, a market cap of $16.01 billion and a P/E of 7.85; its 50- and 200-day moving averages are both $14.44.
• Analysts hold a consensus "Buy" rating with an average target of $20.50; Morgan Stanley recently reiterated an "Overweight" rating and $20.50 price objective.

JBS (OTCMKTS:JBSAY - Get Free Report) is expected to post its results after the market closes on Monday, May 11th. Analysts expect JBS to post earnings of $0.3501 per share and revenue of $20.2382 billion for the quarter.

JBS Stock Performance

OTCMKTS:JBSAY remained flat at $14.44 during mid-day trading on Monday. JBS has a 52-week low of $10.18 and a 52-week high of $18.02. The company has a fifty day moving average of $14.44 and a 200 day moving average of $14.44. The company has a quick ratio of 0.84, a current ratio of 1.60 and a debt-to-equity ratio of 2.09. The company has a market capitalization of $16.01 billion, a P/E ratio of 7.85 and a beta of 0.80.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley reissued an "overweight" rating and set a $20.50 price objective on shares of JBS in a report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat, JBS presently has a consensus rating of "Buy" and an average target price of $20.50.

About JBS

JBS SA is a global leader in the meat processing industry, primarily engaged in the production of beef, pork and poultry products. Headquartered in São Paulo, Brazil, the company operates across the entire protein value chain, from livestock procurement and slaughtering to processing, packaging and distribution. Through its subsidiaries, JBS serves retail, food service and branded product customers in key markets worldwide.

The company's extensive product portfolio includes fresh, frozen and processed meat products under various well-known brands.

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