NYSE:CBD

Companhia Brasileira De Distribuicao (CBD) Stock Forecast, Price & News

$0.68

-0.02 (-2.86%)

(As of 09/22/2023 ET)

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Today's Range: $0.68
▼
$0.71
50-Day Range: $0.68
▼
$4.56
52-Week Range: $0.68
▼
$4.76

Volume: 765,618 shs
Average Volume: 1.72 million shs
Market Capitalization: $183.26 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.80

Companhia Brasileira De Distribuicao MarketRank™ Forecast

Analyst Rating: Sell
1.00 Rating Score
Upside/Downside: 311.7% Upside
$2.80 Price Target
Short Interest: Healthy
1.45% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.64) to ($0.31) Per Share

Overall MarketRank^™

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

1.51 out of 5 stars

Retail/Wholesale Sector

187th out of 202 stocks

Grocery Stores Industry

10th out of 10 stocks

2.5

Analyst's Opinion

Consensus Rating
Companhia Brasileira De Distribuicao has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $2.80, Companhia Brasileira De Distribuicao has a forecasted upside of 311.7% from its current price of $0.68.
Amount of Analyst Coverage
Companhia Brasileira De Distribuicao has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.45% of the float of Companhia Brasileira De Distribuicao has been sold short.
Short Interest Ratio / Days to Cover
Companhia Brasileira De Distribuicao has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Companhia Brasileira De Distribuicao has recently increased by 326.79%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Companhia Brasileira De Distribuicao does not currently pay a dividend.
Dividend Growth
Companhia Brasileira De Distribuicao 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 CBD.

0.6

News and Social Media Coverage

Search Interest
6 people have searched for CBD on MarketBeat in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Companhia Brasileira De Distribuicao insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.01% of the stock of Companhia Brasileira De Distribuicao is held by insiders.
Percentage Held by Institutions
Only 4.63% of the stock of Companhia Brasileira De Distribuicao is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Companhia Brasileira De Distribuicao are expected to grow in the coming year, from ($0.64) to ($0.31) per share.
Price to Book Value per Share Ratio
Companhia Brasileira De Distribuicao has a P/B Ratio of 0.07. 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 Companhia Brasileira De Distribuicao (NYSE:CBD) Stock

Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of supermarkets, specialized stores, and department stores in Brazil. The company sells non-perishables, beverages, fruits, vegetables, meat, breads, cold cuts, dairy products, cleaning products, disposable products, and personal care products; and home appliances and other non-food products, such as clothing and baby items, shoes and accessories, household articles, books, magazines, CDs and DVDs, stationery, toys, sports and camping gears, furniture, mobile phones, mattresses, pet products, and gardening equipment and tools, as well as electronic products, including personal computers, software, computer accessories, and sound and image systems. It also offers medications and cosmetics at its drugstores; and non-food products at gas stations, as well as rents commercial spaces and e-commerce sales. The company operates its supermarkets under the banners of Pão de Açúcar, Extra Supermercado, Mercado Extra, and Compre Bem; hypermarkets under the banner of Extra Hiper; and proximity stores under the banners of Mini Extra, Minuto Pão de Açúcar, Pão de Açúcar Adega, and Aliados Minimercado; and gas stations and drugstores under the banners of Extra and Pão de Açúcar, as well as sells its products through its Websites. The company was founded in 1948 and is headquartered in São Paulo, Brazil. Companhia Brasileira de Distribuição operates as a subsidiary of Casino, Guichard-Perrachon S.A.

CBD Price History

30 days | 90 days | 365 days | Advanced Chart

CBD Stock News Headlines

August 31, 2023 | thestreet.com

Companhia Brasiliera De Distribuicao Rises On Unusually High Volume (CBD)

August 30, 2023 | investing.com

CBD_w Technical Analysis

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July 27, 2023 | seekingalpha.com

Companhia Brasileira De Distribuicao 2023 Q2 - Results - Earnings Call Presentation

July 18, 2023 | finance.yahoo.com

Companhia Brasileira (CBD) Up More Than 40% YTD: Here's Why

July 7, 2023 | finance.yahoo.com

Zacks Industry Outlook Highlights Walmart, The Kroger and Companhia Brasileira de Distribuicao

June 13, 2023 | forbes.com

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Companhia Brasileira de Distribuicao: Negative EV With Catalysts On Exito Spinoff, With Food Retail Resilience

May 6, 2023 | seekingalpha.com

Companhia Brasileira de Distribuicao (CBD) Q1 2023 Earnings Call Transcript

May 5, 2023 | apnews.com

CBD: Q1 Earnings Snapshot

March 28, 2023 | thestreet.com

Companhia Brasileira De Distribuicao Stock To Go Ex-dividend Monday (CBD)

March 3, 2023 | finance.yahoo.com

Companhia Brasileira de Distribuição (NYSE:CBD) Q4 2022 Earnings Call Transcript

February 22, 2023 | morningstar.com

Companhia Brasileira De Distribuicao ADR (Ordinary Shares)

January 27, 2023 | finance.yahoo.com

3 Supermarket Stocks to Watch on Impressive Industry Trends

December 21, 2022 | seekingalpha.com

Companhia Brasileira de Distribuição: Righting The Ship

November 8, 2022 | finance.yahoo.com

Zacks Industry Outlook Highlights Walmart, Kroger and Companhia Brasileira

November 7, 2022 | finance.yahoo.com

Is Companhia Brasileira de Distribuicao (CBD) Outperforming Other Retail-Wholesale Stocks This Year?

October 28, 2022 | fool.com

Companhia Brasileira de Distribuicao (NYSE: CBD)

October 13, 2022 | finance.yahoo.com

Are Investors Undervaluing Companhia Brasileira de Distribuicao (CBD) Right Now?

September 29, 2022 | seekingalpha.com

Companhia Brasileira de Distribuição: Exito Spinoff To Catalyze Value Unlocking

September 27, 2022 | finance.yahoo.com

Should Value Investors Buy Companhia Brasileira de Distribuicao (CBD) Stock?

August 18, 2022 | reuters.com

Companhia Brasileira de Distribuicao SA

August 6, 2022 | finance.yahoo.com

Companhia de Bebidas das Americas (ABEV) Q2 2022 Earnings Call Transcript

August 6, 2022 | finance.yahoo.com

Companhia Brasileira de Distribuicao (CBD) Q2 2022 Earnings Call Transcript

June 2, 2022 | finance.yahoo.com

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See More Headlines

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CBD Company Calendar

Last Earnings: 7/27/2023
Today: 9/23/2023
Next Earnings (Estimated): 11/03/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Grocery stores
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NYSE:CBD
CUSIP: N/A
CIK: 1038572
Web: www.gpari.com.br
Phone: 551138860533
Fax: 55-11-3884-2677
Employees: 37,325
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.80
High Stock Price Forecast: $2.80
Low Stock Price Forecast: $2.80
Forecasted Upside/Downside: +311.7%
Consensus Rating: Sell
Rating Score (0-4): 1.00
Research Coverage: 1 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: $-33,320,000.00
Net Margins: N/A
Pretax Margin: -30.46%
Return on Equity: -9.14%
Return on Assets: -2.97%

Debt

Debt-to-Equity Ratio: 0.33
Current Ratio: 1.60
Quick Ratio: 1.49

Sales & Book Value

Annual Sales: $3.35 billion
Price / Sales: 0.05
Cash Flow: $0.69 per share
Price / Cash Flow: 0.99
Book Value: $9.87 per share
Price / Book: 0.07

Miscellaneous

Outstanding Shares: 269,450,000
Free Float: 269,428,000
Market Cap: $183.25 million
Optionable: Optionable
Beta: 1.16

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Key Executives

Mr. Marcelo Ribeiro Pimentel (Age 50)
CEO & Director

Mr. Rafael Sirotsky Russowsky (Age 46)
CFO and VP of Fin. & Investor Relations

Mr. Frederic Garcia (Age 53)
Chief Bus. Operations Officer

Mr. Belmiro de Figueiredo Gomes (Age 52)
Chief Exec. Officer of Assaí

Ms. Aline Pacheco Pelucio
Sec.

Helio Mattar
External Member of Corp. Governance & Sustainability Committee

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CBD Stock - Frequently Asked Questions

Should I buy or sell Companhia Brasileira De Distribuicao stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Companhia Brasileira De Distribuicao in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" CBD shares.
View CBD analyst ratings or view top-rated stocks.
What is Companhia Brasileira De Distribuicao's stock price forecast for 2023?: 1 analysts have issued 1 year price targets for Companhia Brasileira De Distribuicao's stock. Their CBD share price forecasts range from $2.80 to $2.80. On average, they predict the company's stock price to reach $2.80 in the next twelve months. This suggests a possible upside of 311.7% from the stock's current price.
View analysts price targets for CBD or view top-rated stocks among Wall Street analysts.
How have CBD shares performed in 2023?: Companhia Brasileira De Distribuicao's stock was trading at $3.10 at the beginning of 2023. Since then, CBD stock has decreased by 78.1% and is now trading at $0.6801.
View the best growth stocks for 2023 here.
Are investors shorting Companhia Brasileira De Distribuicao?: Companhia Brasileira De Distribuicao saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,900,000 shares, an increase of 326.8% from the August 15th total of 913,800 shares. Based on an average daily trading volume, of 1,390,000 shares, the short-interest ratio is currently 2.8 days. Currently, 1.5% of the company's stock are short sold.
View Companhia Brasileira De Distribuicao's Short Interest.
When is Companhia Brasileira De Distribuicao's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our CBD earnings forecast.
How were Companhia Brasileira De Distribuicao's earnings last quarter?: Companhia Brasileira De Distribuicao (NYSE:CBD) issued its earnings results on Thursday, July, 27th. The company reported ($0.19) EPS for the quarter, meeting analysts' consensus estimates of ($0.19). The firm had revenue of $951.69 million for the quarter.
What ETF holds Companhia Brasileira De Distribuicao's stock ?: VanEck Brazil Small-Cap ETF holds 94,127 shares of CBD stock, representing 1.12% of its portfolio.

What other stocks do shareholders of Companhia Brasileira De Distribuicao own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Companhia Brasileira De Distribuicao investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Och-Ziff Capital Management Group (OZM), Gran Tierra Energy (GTE) and Transocean (RIG).
What is Companhia Brasileira De Distribuicao's stock symbol?: Companhia Brasileira De Distribuicao trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBD."
Who are Companhia Brasileira De Distribuicao's major shareholders?: Companhia Brasileira De Distribuicao's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Banco BTG Pactual S.A. (0.68%), Banco BTG Pactual S.A. (0.68%), BlackRock Inc. (0.20%), State Street Corp (0.14%), Optiver Holding B.V. (0.00%) and Royal Bank of Canada (0.07%).
How do I buy shares of Companhia Brasileira De Distribuicao?: Shares of CBD 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 Companhia Brasileira De Distribuicao's stock price today?: One share of CBD stock can currently be purchased for approximately $0.68.
How much money does Companhia Brasileira De Distribuicao make?: Companhia Brasileira De Distribuicao (NYSE:CBD) has a market capitalization of $183.25 million and generates $3.35 billion in revenue each year.
How many employees does Companhia Brasileira De Distribuicao have?: The company employs 37,325 workers across the globe.
How can I contact Companhia Brasileira De Distribuicao?: Companhia Brasileira De Distribuicao's mailing address is AVENIDA BRIGADEIRO LUIZ ANTONIO 3142, Sao Paulo D5, 01402. The official website for the company is www.gpari.com.br. The company can be reached via phone at 551138860533, via email at gpa.ri@gpabr.com, or via fax at 55-11-3884-2677.

This page (NYSE:CBD) was last updated on 9/23/2023 by MarketBeat.com Staff

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