BRF S.A. [BRFS] shares are down more than -64.63% this year and recently decreased -0.01% or -$0.03 to settle at $3.16. Analysts expect BRFS to shrink earnings at a -11.20% annual rate over the next 5 years. BRFS has a short ratio of 1.01. This implies that the market is currently less bearish on the outlook for BRFS.

On 28, September 2020, BRF announces early tender date results of its cash tender offers for up to the Maximum Amount of its 4.75% Senior Notes due 2024 and for 4.350% Senior Notes due 2026 issued by BRF GmbH and guaranteed by BRF S.A.. According to news published on Yahoo Finance, BRF S.A. (“BRF”) today announces the early tender date results of its previously announced offer to purchase for cash for up to the Maximum Amount (as defined below) of Capped Offers Total Consideration (as defined below) of the outstanding 4.75% Senior Notes due 2024 (“2024 Notes”) issued by BRF (the “2024 Notes Offer”) and the outstanding 4.350% Senior Notes due 2026 (the “2026 Notes” and, together with the 2024 Notes, the “Notes”) issued by BRF GmbH, a limited liability company (Gesellschaft mit beschränkter Haftung) organized under the law of the Republic of Austria, and a wholly-owned subsidiary of BRF, and guaranteed by BRF (the “2026 Notes Offer” and, together with the 2024 Notes Offer, the “Capped Offers”).

Analyst Birdseye View:

The most recent analyst activity for BRF S.A. [NYSE:BRFS] stock was on March 24, 2020, when it was Downgrade with a Neutral rating from JP Morgan. On December 16, 2019, HSBC Securities Upgrade a Buy rating. On July 29, 2019, Citigroup Downgrade a Sell rating. On June 13, 2019, JP Morgan Upgrade an Overweight rating. On July 02, 2018, BofA/Merrill Upgrade a Buy rating. On March 06, 2018, BofA/Merrill Downgrade a Neutral rating. JP Morgan elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $2.27 and a peak of $9.40. Right now, according to Wall Street analyst the average 12-month amount target is $4.84. At the most recent market close, shares of BRF S.A. [NYSE:BRFS] were valued at $3.16. According to the average price forecast, investors can expect a potential return of 0.8%.

FUNDAMENTAL ANALYSIS

BRF S.A. [NYSE:BRFS] most recently reported quarterly sales of 9.1 billion, which represented growth of 9.20%. This company’s Gross Margin is currently 24.30%, its Operating Margin is 8.40%, its Pretax Margin is +3.40, and its Net Margin is +3.77. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.87, 16.98, 5.91 and 5.03 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 72.72 and the whole liability to whole assets at 48.40. It shows enduring liability to the whole principal at 60.60 and enduring liability to assets at 0.40 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 3.16 points at 1st support level, the second support level is making up to 3.13. But as of 1st resistance point, this stock is sitting at 3.23 and at 3.26 for 2nd resistance point.

BRF S.A. [BRFS] reported its earnings at $0.07 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.09/share signifying the difference of -0.02 and -22.20% surprise value.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for BRF S.A. [NYSE:BRFS] is 1.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.37. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.86, it’s amount to book ratio is 3.62 and showing 10.46 of P/E (TTM) ratio.