BRF (BRFS) to Release Quarterly Earnings on Monday

BRF (NYSE:BRFS - Get Free Report) is projected to post its quarterly earnings results on Monday, February 24th. Analysts expect BRF to post earnings of $0.18 per share and revenue of $2.72 billion for the quarter.

BRF Stock Down 1.3 %

Shares of BRFS traded down $0.05 during midday trading on Thursday, reaching $3.33. 1,818,420 shares of the stock were exchanged, compared to its average volume of 1,946,485. The company has a market capitalization of $3.60 billion, a P/E ratio of 7.73, a PEG ratio of 0.19 and a beta of 1.86. The company has a current ratio of 1.45, a quick ratio of 0.93 and a debt-to-equity ratio of 1.05. BRF has a 52 week low of $2.67 and a 52 week high of $4.87. The company's 50 day moving average is $3.90 and its two-hundred day moving average is $4.21.

BRF Cuts Dividend

The firm also recently disclosed a -- dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, December 18th were paid a $0.0217 dividend. This represents a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, December 18th. BRF's dividend payout ratio (DPR) is presently 20.93%.

Analysts Set New Price Targets

A number of research analysts have commented on BRFS shares. StockNews.com raised shares of BRF from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, November 20th. Citigroup raised shares of BRF from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 22nd. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, BRF has a consensus rating of "Buy" and a consensus target price of $10.70.

BRF Company Profile

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.