JPMorgan Chase & Co. cut shares of JBS (NYSE:JBS – Free Report) from an overweight rating to a neutral rating in a research note released on Thursday, Marketbeat reports. They currently have $18.50 price target on the stock, down from their previous price target of $20.50.
JBS has been the topic of a number of other research reports. Zacks Research cut shares of JBS from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 14th. Barclays boosted their price objective on shares of JBS from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Friday, March 27th. Weiss Ratings reiterated a “buy (b-)” rating on shares of JBS in a research report on Monday, May 4th. Mizuho upgraded shares of JBS to a “strong-buy” rating in a research report on Friday, April 10th. Finally, UBS Group upgraded shares of JBS to a “strong-buy” rating in a research report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $19.42.
Read Our Latest Analysis on JBS
JBS Trading Down 3.4%
JBS (NYSE:JBS – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). JBS had a net margin of 1.98% and a return on equity of 19.28%. The firm had revenue of $21.61 billion for the quarter. The company’s revenue was up 10.7% on a year-over-year basis. As a group, analysts anticipate that JBS will post 1.78 earnings per share for the current year.
JBS Dividend Announcement
The business also recently announced a dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Monday, May 18th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, May 18th. JBS’s payout ratio is currently 62.89%.
Institutional Trading of JBS
A number of large investors have recently made changes to their positions in JBS. Rhumbline Advisers purchased a new stake in shares of JBS during the second quarter valued at $203,000. Arrowstreet Capital Limited Partnership purchased a new stake in JBS in the second quarter worth about $5,490,000. EverSource Wealth Advisors LLC purchased a new stake in JBS in the second quarter worth about $29,000. First Trust Advisors LP purchased a new stake in JBS in the second quarter worth about $1,419,000. Finally, Marshall Wace LLP purchased a new stake in JBS in the second quarter worth about $5,206,000.
Trending Headlines about JBS
Here are the key news stories impacting JBS this week:
- Positive Sentiment: Zacks Research upgraded JBS from strong sell to hold, suggesting the sell-off may have gone too far and that downside sentiment could be easing.
- Positive Sentiment: Barclays kept an overweight rating on JBS and assigned a new $21.00 price target, indicating meaningful upside from current levels despite trimming its prior target.
- Neutral Sentiment: JBS reported its Q1 2026 earnings call and related coverage highlighted valuation questions after recent share weakness, keeping investor focus on whether the stock is undervalued after the pullback. JBS N.V. (JBS) Q1 2026 Earnings Call Transcript
- Neutral Sentiment: Coverage from industry and market outlets pointed to tight cattle supply and broader North American headwinds weighing on results, reinforcing concerns about near-term earnings pressure. Tight cattle supply weighs on JBS earnings
- Neutral Sentiment: Valuation-focused commentary noted the recent share-price weakness, with investors reassessing whether JBS’s lower multiple reflects temporary turbulence or a deeper slowdown. Assessing JBS (NYSE:JBS) Valuation After Recent Share Price Weakness
- Negative Sentiment: JPMorgan Chase & Co. downgraded JBS to neutral from overweight, signaling less confidence in near-term upside.
- Negative Sentiment: Barclays also cut its price target from $23.00 to $21.00, showing analysts are still positive but more cautious about the earnings outlook.
- Negative Sentiment: JBS posted a 56% drop in Q1 net profit amid challenges in North American operations, a key reason investors have been selling the shares. JBS posts 56% drop in Q1 net profit amid challenges in North American operations
- Negative Sentiment: Further reporting said North American headwinds whacked profits, reinforcing concerns that operating conditions may remain difficult in the near term. JBS slips after headwinds in North America whack profits
JBS Company Profile
JBS SA is a global leader in the production and processing of meat products, with a focus on beef, pork and poultry. Headquartered in São Paulo, Brazil, the company operates through an extensive network of owned facilities and partnerships that span the Americas, Europe and the Asia-Pacific region. JBS supplies fresh, frozen and value-added protein solutions for retail, foodservice and industrial customers, and is active across the entire supply chain—from livestock procurement and feed production to slaughtering, processing, packaging and distribution.
Founded in 1953 by José Batista Sobrinho in Anápolis, Goiás, JBS began as a small slaughterhouse and expanded rapidly through strategic acquisitions and organic growth.
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