Hot Performer of the day: Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR)

earnings estimates

Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) Brazilian Company Engaged In The Exploration, Production, Supply And Distribution Of Oil And Gas In Brazil And Abroad. Belonging to the Oils-Energy sector which surged 0.65% and closed its last trading session at $9.33.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/10/2016. Currently, the stock has a 1 Year Price Target of $7.91.

The consensus recommendation, according to Zacks Investment research, is 3.06. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 3.64 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3.93 and 3.88 respectively.

Petroleo Brasileiro S.A. – Petrobras on 6/30/2016 reported its EPS as $0.02 with the analysts projecting the EPS of the stock as $0.13. The company beat the analyst EPS Estimate with the difference of $-0.11. This shows a surprise factor of -84.6%.

Many analysts have provided their estimated foresights on Petroleo Brasileiro S.A. – Petrobras Earnings, with 4 analysts believing the company would generate an Average Estimate of $0.11. Whereas they predicted High and Low Earnings Estimate as $0.3 and $-0.16 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.09.

Analysts are also projecting an Average Revenue Estimate for Petroleo Brasileiro S.A. – Petrobras as $23.03 Billion in the Current Quarter. This estimate is provided by 2 analysts. The High Revenue estimate is predicted as 24.17 Billion, while the Low Revenue Estimate prediction stands at 21.89 Billion. The company’s last year sales total was 23.18 Billion.

For the Current Quarter, the growth estimate for Petroleo Brasileiro S.A. – Petrobras is 222.2%, while for the Next Quarter the stock growth estimate is 90.5%. In the past 5 years, the stock showed growth of -41.8% per annum. While for the next 5 years, the growth estimate is -24.4%.

The Company got Upgrade by Raymond James on 21-Sep-16 from Underperform to Mkt Perform.

9 analysts projected Price Targets for Petroleo Brasileiro S.A. – Petrobras. The analysts believe that the company stock price could grow as high as $11.4. The Low Price target projection by analysts is $4 and the Mean Price Target is $7.91.

Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) has the market capitalization of $58.27 Billion. The company rocked its 52-Week High of $10.24 on Sep 8, 2016 and touched its 52-Week Low of $2.71 on Jan 20, 2016. The stock has Return on Assets (ROA) of -4.7 percent. Return on Equity (ROE) stands at -15.4% and Return on Investment (ROI) of -1 percent.

The stock is currently showing YTD performance of 116.98 Percent. The company has Beta Value of 2.57 and ATR value of 0.39. The Weekly and Monthly Volatility stands at 3.98% and 4.04%.

Company profile:

PETROBRAS-ADR C is an integrated company operating in exploration, production, refining, retailing and transportation of petroleum and its byproducts at home and abroad.