Jbs S.A. (OTCMKTS:JBSAY - Get Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.80 and traded as low as $13.01. JBS shares last traded at $13.91, with a volume of 397,860 shares changing hands.
Analysts Set New Price Targets
Several analysts recently weighed in on JBSAY shares. Barclays reaffirmed an "overweight" rating on shares of JBS in a research note on Thursday, March 27th. Stephens upgraded shares of JBS to a "strong-buy" rating in a research note on Wednesday, May 28th.
Get Our Latest Analysis on JBS
JBS Stock Performance
The firm has a market capitalization of $15.58 billion, a P/E ratio of 11.33 and a beta of 0.80. The company has a 50-day moving average of $14.78 and a 200-day moving average of $13.03. The company has a current ratio of 1.47, a quick ratio of 0.85 and a debt-to-equity ratio of 1.80.
JBS (OTCMKTS:JBSAY - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.01. The firm had revenue of $19.53 billion during the quarter, compared to the consensus estimate of $18.67 billion. JBS had a return on equity of 14.29% and a net margin of 1.79%.
JBS Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, January 12th. Shareholders of record on Monday, May 5th will be issued a dividend of $0.6594 per share. The ex-dividend date is Friday, May 2nd. This represents a yield of 10.07%. JBS's payout ratio is 115.34%.
JBS Company Profile
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JBS SA, together with its subsidiaries, engages in the processing of animal protein worldwide. The company trades in beef, pork, chicken, poultry, fish, and lamb products; cooked frozen meat; plant based products; and other food products. It produces and commercializes leather, steel cans, plastic resin, personal care and cleaning products, and collagen, as well as wet blue leather, semi-finished, and finished leather products.
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