Jbs N.V. (NYSE:JBS – Get Free Report) has earned an average rating of “Buy” from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $19.00.
A number of analysts recently commented on JBS shares. Weiss Ratings cut JBS from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. Barclays dropped their price objective on JBS from $23.00 to $21.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Mizuho upgraded JBS to a “strong-buy” rating in a research report on Friday, April 10th. JPMorgan Chase & Co. cut JBS from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $20.50 to $18.50 in a research report on Thursday, May 14th. Finally, UBS Group set a $17.00 price objective on JBS in a research report on Tuesday, May 19th.
Read Our Latest Stock Analysis on JBS
Institutional Trading of JBS
JBS Trading Up 2.0%
JBS stock opened at $11.85 on Friday. The stock has a market cap of $9.20 billion and a PE ratio of 7.46. The stock has a 50-day moving average price of $15.42 and a 200 day moving average price of $15.23. JBS has a 52 week low of $11.49 and a 52 week high of $18.65. The company has a current ratio of 1.50, a quick ratio of 0.77 and a debt-to-equity ratio of 2.42.
JBS (NYSE:JBS – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). The company had revenue of $21.61 billion for the quarter. JBS had a return on equity of 19.28% and a net margin of 1.98%.JBS’s revenue was up 10.7% on a year-over-year basis. Equities research analysts predict that JBS will post 1.45 earnings per share for the current fiscal year.
JBS Dividend Announcement
The firm also recently declared a dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Monday, May 18th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Monday, May 18th. JBS’s dividend payout ratio (DPR) is presently 62.89%.
About JBS
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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