Jbs N.V. (NYSE:JBS – Get Free Report) CFO Guilherme Perboyre Cavalcanti sold 183,501 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $13.85, for a total value of $2,541,488.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
JBS Trading Up 1.1%
Shares of JBS stock opened at $14.04 on Wednesday. The stock’s fifty day moving average is $12.78 and its two-hundred day moving average is $14.49. The company has a debt-to-equity ratio of 2.51, a quick ratio of 0.77 and a current ratio of 1.53. The firm has a market capitalization of $10.89 billion, a P/E ratio of 13.76, a PEG ratio of 5.18 and a beta of -1.65. Jbs N.V. has a fifty-two week low of $11.49 and a fifty-two week high of $18.65.
JBS (NYSE:JBS – Get Free Report) last announced its earnings results on Monday, August 10th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.12). The business had revenue of $23.90 billion for the quarter. JBS had a return on equity of 12.00% and a net margin of 1.22%.The business’s revenue was up 13.8% on a year-over-year basis. Research analysts expect that Jbs N.V. will post 1.08 earnings per share for the current fiscal year.
Institutional Trading of JBS
Wall Street Analyst Weigh In
JBS has been the subject of several recent research reports. Barclays cut their price target on JBS from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Wall Street Zen lowered JBS from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Zacks Research upgraded JBS from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. JPMorgan Chase & Co. cut their target price on JBS from $18.00 to $17.50 and set an “overweight” rating for the company in a research note on Wednesday, August 12th. Finally, UBS Group lifted their price target on JBS from $17.00 to $17.50 and gave the stock a “buy” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, JBS presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.42.
Read Our Latest Research Report on JBS
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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