BRF (NYSE:BRFS) Stock Rating Upgraded by StockNews.com

BRF (NYSE:BRFS - Get Free Report) was upgraded by StockNews.com from a "buy" rating to a "strong-buy" rating in a report issued on Friday.

Separately, Citigroup raised BRF from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 22nd. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $10.70.

BRF Stock Down 3.2 %

NYSE:BRFS traded down $0.11 during midday trading on Friday, hitting $3.22. 1,300,447 shares of the company were exchanged, compared to its average volume of 2,604,926. The company has a fifty day simple moving average of $3.62 and a 200 day simple moving average of $4.13. 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 fifty-two week low of $2.99 and a fifty-two week high of $4.87. The company has a market capitalization of $3.48 billion, a PE ratio of 7.48, a price-to-earnings-growth ratio of 0.19 and a beta of 1.90.

BRF (NYSE:BRFS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.11). BRF had a net margin of 6.52% and a return on equity of 19.66%. The firm had revenue of $3 billion during the quarter, compared to analyst estimates of $2.72 billion. As a group, equities analysts anticipate that BRF will post 0.45 earnings per share for the current fiscal year.

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Institutional Investors Weigh In On BRF

Several institutional investors have recently made changes to their positions in the company. Navellier & Associates Inc. lifted its position in BRF by 2.6% during the 4th quarter. Navellier & Associates Inc. now owns 234,706 shares of the company's stock worth $955,000 after acquiring an additional 5,977 shares during the last quarter. TD Private Client Wealth LLC bought a new position in shares of BRF during the 3rd quarter worth approximately $27,000. Two Sigma Securities LLC boosted its stake in shares of BRF by 15.3% in the 4th quarter. Two Sigma Securities LLC now owns 49,704 shares of the company's stock valued at $202,000 after purchasing an additional 6,597 shares in the last quarter. Mariner LLC grew its stake in BRF by 26.7% during the fourth quarter. Mariner LLC now owns 41,864 shares of the company's stock worth $170,000 after buying an additional 8,815 shares during the last quarter. Finally, US Bancorp DE grew its position in BRF by 127.1% during the 3rd quarter. US Bancorp DE now owns 15,871 shares of the company's stock worth $69,000 after acquiring an additional 8,882 shares during the last quarter. 4.76% of the stock is currently owned by institutional investors and hedge funds.

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.