BRF (BRFS) Projected to Post Quarterly Earnings on Monday

BRF (NYSE:BRFS) is expected to be announcing its earnings results on Monday, February 24th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $2.72 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

BRF Stock Performance

NYSE:BRFS opened at $3.36 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.93 and a current ratio of 1.45. The company has a fifty day moving average of $3.84 and a two-hundred day moving average of $4.20. The stock has a market capitalization of $3.63 billion, a PE ratio of 7.80, a P/E/G ratio of 0.19 and a beta of 1.86. BRF has a fifty-two week low of $2.67 and a fifty-two week high of $4.87.

BRF Cuts Dividend

The firm also recently announced a — dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, December 18th were given a $0.0217 dividend. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend was Wednesday, December 18th. BRF’s dividend payout ratio (DPR) is 18.60%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BRFS. StockNews.com upgraded shares of BRF from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 20th. Citigroup upgraded shares of BRF from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 22nd. Two analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $10.70.

About BRF

BRF SA raises, produces, and slaughters poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and other products. The company provides frozen whole and cut chicken, frozen pork, and turkey, and halal products for Islamic markets; processed foods, such as marinated, frozen, seasoned whole, and cut chicken, roosters, sausages, ham products, bologna, frankfurters, salamis, bacons, cold meats, and other smoked products; and hamburgers, steaks, breaded meat products, kibbeh, and meatballs, as well as chicken sausages, hot dogs, and chicken bologna.