NYSE:BRFS

BRF (BRFS) Stock Forecast, Price & News

$1.84

+0.02 (+1.10%)

(As of 06/9/2023 ET)

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Today's Range: $1.80
▼
$1.86
50-Day Range: $1.19
▼
$1.84
52-Week Range: $1.06
▼
$3.42

Volume: 4.29 million shs
Average Volume: 7.14 million shs
Market Capitalization: $1.49 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.95

BRF MarketRank™ Forecast

Analyst Rating: Hold
1.86 Rating Score
Upside/Downside: 6.0% Upside
$1.95 Price Target
Short Interest: Healthy
1.96% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 17.86%
From $1.40 to $1.65 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.61 out of 5 stars

Consumer Defensive Sector

7th out of 10 stocks

Packaged Foods Industry

2nd out of 2 stocks

0.9

Analyst's Opinion

Consensus Rating
BRF has received a consensus rating of Hold. The company's average rating score is 1.86, and is based on no buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $1.95, BRF has a forecasted upside of 6.0% from its current price of $1.84.
Amount of Analyst Coverage
BRF has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.96% of the outstanding shares of BRF have been sold short.
Short Interest Ratio / Days to Cover
BRF has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in BRF has recently decreased by 26.35%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
BRF does not currently pay a dividend.
Dividend Growth
BRF does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BRFS.

1.7

News and Social Media Coverage

News Sentiment
BRF has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Consumer Defensive companies.
Search Interest
4 people have searched for BRFS on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added BRF to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BRF insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of BRF is held by insiders.
Percentage Held by Institutions
Only 8.24% of the stock of BRF is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for BRF are expected to grow by 17.86% in the coming year, from $1.40 to $1.65 per share.
Price to Book Value per Share Ratio
BRF has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About BRF (NYSE:BRFS) Stock

BRF S.A. engages in raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and other products. The company's product portfolio comprises meat products, including frozen whole and cut chicken, frozen pork, and turkey; processed food products, such as marinated, frozen, whole, and cut chicken, roosters, sausages, ham products, bologna, frankfurters, salamis, bacon, cold meats, other smoked products; and frozen processed meats comprising hamburgers, steaks, breaded meat products, kibbeh, and meatballs, as well as chicken sausages, chicken hot dogs, and chicken bologna. It also produces and sells frozen prepared meals, such as lasagna, macaroni and cheese, pies, ready-to-eat meals, pizzas, and other frozen foods; plant-based products, such as nuggets, pies, vegetables, and burgers; frozen desserts and cheese bread; spreads, that includes margarine, butter, cream cheese, and pate, as well as animal feed and hatcheries. The company primarily sells its products under the Sadia, Perdigão, Qualy, Chester, Kidelli, Perdix, Biofresh, Gran Plus, and Banvit brands. It serves supermarkets, wholesalers, retail stores, food services, restaurants, and other institutional buyers. The company is also involved in the provision of consultancy, marketing, and logistics services; generation and commercialization of electric energy; and import, industrialization, and commercialization of products. BRF S.A. operates primarily in Brazil, the Americas, Eurasia, Europe, Malaysia, the Middle East, Africa, Asia, and internationally. The company was formerly known as BRF-Brasil Foods S.A. and changed its name to BRF S.A. in April 2013. BRF S.A. was founded in 1934 and is headquartered in São Paulo, Brazil.

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BRFS Stock News Headlines

June 3, 2023 | americanbankingnews.com

BRF (NYSE:BRFS) Upgraded at Bank of America

June 2, 2023 | seekingalpha.com

BRF S.A.: 2023 Improvements

June 10, 2023 | Behind the Markets (Ad)

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June 2, 2023 | americanbankingnews.com

BRF (NYSE:BRFS) Downgraded by The Goldman Sachs Group to "Sell"

June 1, 2023 | americanbankingnews.com

BRF (NYSE:BRFS) Shares Gap Down to $1.56

May 31, 2023 | thestreet.com

BRF - Brasil Reaches New 52-Week High (BRFS)

May 31, 2023 | msn.com

UPDATE 1-SALIC, Marfrig pledge to $900 mln investment in Brazil's BRF

May 31, 2023 | marketwatch.com

BRF Shares Soar 14% After SALIC Commits to Share Purchase

June 10, 2023 | Behind the Markets (Ad)

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May 30, 2023 | markets.businessinsider.com

BRF SA (BRFS) was downgraded to a Sell Rating at Goldman Sachs

May 26, 2023 | americanbankingnews.com

BRF (NYSE:BRFS) Shares Gap Down to $1.60

May 25, 2023 | americanbankingnews.com

Brf S.A. (NYSE:BRFS) Receives $1.50 Consensus Target Price from Brokerages

May 24, 2023 | americanbankingnews.com

BRF (NYSE:BRFS) Upgraded to Hold by StockNews.com

May 23, 2023 | thestreet.com

BRF - Brasil Stock Hits New 52-Week High (BRFS)

May 19, 2023 | americanbankingnews.com

StockNews.com Downgrades BRF (NYSE:BRFS) to Sell

May 19, 2023 | seekingalpha.com

BRFS BRF S.A.

May 18, 2023 | americanbankingnews.com

BRF (NYSE:BRFS) Shares Gap Down to $1.54

May 17, 2023 | investorplace.com

Why Is BRF (BRFS) Stock Moving Today?

May 17, 2023 | nasdaq.com

Brazil's BRF posts wider-than-expected Q1 net loss

May 16, 2023 | financialpost.com

Brazil's BRF hails rising chicken prices, lower grain costs amid turnaround

May 16, 2023 | seekingalpha.com

BRF S.A. 2023 Q1 - Results - Earnings Call Presentation

May 15, 2023 | reuters.com

UPDATE 2-Brazil's BRF posts wider-than-expected Q1 net loss

May 12, 2023 | msn.com

Earnings Outlook For BRF

April 30, 2023 | americanbankingnews.com

Brf S.A. (NYSE:BRFS) Receives $1.50 Average Target Price from Analysts

April 28, 2023 | finance.yahoo.com

BRF filled its Annual Report on Form 20-F.

April 17, 2023 | thestreet.com

BRF - Brasil Foods SA (BRFS): Today's Featured Consumer Goods Winner

April 14, 2023 | americanbankingnews.com

BRF (NYSE:BRFS) Downgraded to "Underperform" at Bank of America

See More Headlines

BRFS Price History

30 days | 90 days | 365 days | Advanced Chart

BRFS Company Calendar

Last Earnings: 5/15/2023
Today: 6/10/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Packaged Foods
Sub-Industry: N/A
Sector: Consumer Defensive
Current Symbol: NYSE:BRFS
CUSIP: N/A
CIK: 1122491
Web: www.brf-br.com
Phone: 551123225000
Fax: 55-11-2322-5740
Employees: 100,000
Year Founded: 1934

Price Target and Rating

Average Stock Price Forecast: $1.95
High Stock Price Forecast: $2.40
Low Stock Price Forecast: $1.50
Forecasted Upside/Downside: +6.0%
Consensus Rating: Hold
Rating Score (0-4): 1.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-613,330,000.00
Net Margins: -5.24%
Pretax Margin: -4.52%
Return on Equity: -24.10%
Return on Assets: -5.02%

Debt

Debt-to-Equity Ratio: 1.86
Current Ratio: 1.19
Quick Ratio: 0.67

Sales & Book Value

Annual Sales: $10.42 billion
Price / Sales: 0.14
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.83 per share
Price / Book: 0.65

Miscellaneous

Outstanding Shares: 808,410,000
Free Float: 800,328,000
Market Cap: $1.49 billion
Optionable: Optionable
Beta: 1.68

Social Links

Key Executives

Mr. Miguel de Souza Gularte (Age 64)
Global Chief Exec. Officer

Mr. Fabio Luis Mendes Mariano (Age 42)
Chief Financial & Investor Relations Officer and Member of Exec. Board

Mr. Alessandro Rosa Bonorino (Age 53)
Vice-president of People, Sustainability & Digital Transformation and Member of Exec. Board

Mr. Leonardo Campo Dall'Orto (Age 49)
Vice-president of International Markets & Planning and Member of Exec. Board

Mr. Marcel Sacco (Age 54)
Vice-president of Marketing & New Bus. and Member of Exec. Board

Mr. Fabio Duarte Stumpf (Age 41)
VP of Agrobusiness & Quality and Member of Exec. Board

Mr. Manoel Reinaldo Manzano Martins Jr. (Age 45)
VP of Commercial Brazil & Member of Exec. Board

Mr. Artemio Listoni (Age 62)
Chief Industrial Ops., & Logistic Officer, VP of Industrial Ops & Logistics & Member of Exe., Board

Marcos Roberto Badollato
Controller

Marcus de Freitas Henriques
Sec.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BRFS Stock - Frequently Asked Questions

Should I buy or sell BRF stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BRF in the last year. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BRFS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRFS, but not buy additional shares or sell existing shares.
View BRFS analyst ratings or view top-rated stocks.
What is BRF's stock price forecast for 2023?: 7 brokerages have issued 1 year target prices for BRF's shares. Their BRFS share price forecasts range from $1.50 to $2.40. On average, they anticipate the company's stock price to reach $1.95 in the next year. This suggests a possible upside of 6.0% from the stock's current price.
View analysts price targets for BRFS or view top-rated stocks among Wall Street analysts.
How have BRFS shares performed in 2023?: BRF's stock was trading at $1.58 at the beginning of the year. Since then, BRFS shares have increased by 16.5% and is now trading at $1.84.
View the best growth stocks for 2023 here.
Are investors shorting BRF?: BRF saw a decline in short interest in May. As of May 15th, there was short interest totaling 15,820,000 shares, a decline of 26.4% from the April 30th total of 21,480,000 shares. Based on an average daily volume of 5,310,000 shares, the short-interest ratio is currently 3.0 days.
View BRF's Short Interest.
When is BRF's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our BRFS earnings forecast.
How were BRF's earnings last quarter?: Brf S.A. (NYSE:BRFS) announced its quarterly earnings results on Monday, May, 15th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.10. The business earned $2.54 billion during the quarter. BRF had a negative net margin of 5.24% and a negative trailing twelve-month return on equity of 24.10%.
What ETF holds BRF's stock ?: VanEck Brazil Small-Cap ETF holds 450,490 shares of BRFS stock, representing 2.34% of its portfolio.
What is José Fay's approval rating as BRF's CEO?: 34 employees have rated BRF Chief Executive Officer José Fay on Glassdoor.com. José Fay has an approval rating of 40% among the company's employees. This puts José Fay in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of BRF own?: Based on aggregate information from My MarketBeat watchlists, some companies that other BRF investors own include Hawkins (HWKN), Coty (COTY), Cracker Barrel Old Country Store (CBRL), Schlumberger (SLB), Brinker International (EAT), Intel (INTC), Bristol-Myers Squibb (BMY), Energy Transfer (ET), General Electric (GE) and Pfizer (PFE).
What is BRF's stock symbol?: BRF trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRFS."
Who are BRF's major shareholders?: BRF's stock is owned by a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.08%), Macquarie Group Ltd. (1.13%), Herr Investment Group LLC (0.65%), BlackRock Inc. (0.52%), Ninety One UK Ltd (0.52%) and Two Sigma Investments LP (0.36%).
How do I buy shares of BRF?: Shares of BRFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is BRF's stock price today?: One share of BRFS stock can currently be purchased for approximately $1.84.
How much money does BRF make?: BRF (NYSE:BRFS) has a market capitalization of $1.49 billion and generates $10.42 billion in revenue each year.
How many employees does BRF have?: The company employs 100,000 workers across the globe.
How can I contact BRF?: BRF's mailing address is 1400 RUA HUNGRIA 5TH FLOOR JARDIM EUROPA 01455 000, SAO PAULO SP BRAZIL D5, 01455-000. The official website for the company is www.brf-br.com. The company can be reached via phone at 551123225000, via email at acoes@brf-br.com, or via fax at 55-11-2322-5740.

This page (NYSE:BRFS) was last updated on 6/10/2023 by MarketBeat.com Staff

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