Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Posts Earnings Results

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) posted its quarterly earnings results on Thursday. The company reported ($0.11) earnings per share for the quarter, Zacks reports. Brasilagro Cia Brasileira De Propriedades Agricolas had a net margin of 11.99% and a return on equity of 6.47%.

Brasilagro Cia Brasileira De Propriedades Agricolas Trading Down 1.5%

NYSE:LND traded down $0.06 on Friday, reaching $3.66. 81,070 shares of the stock traded hands, compared to its average volume of 37,465. The company has a current ratio of 1.79, a quick ratio of 0.94 and a debt-to-equity ratio of 0.40. Brasilagro Cia Brasileira De Propriedades Agricolas has a 1-year low of $3.49 and a 1-year high of $4.25. The company’s 50 day moving average is $3.79 and its 200-day moving average is $3.79. The firm has a market capitalization of $375.30 million, a price-to-earnings ratio of 14.62 and a beta of 0.51.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a research report on Wednesday, October 8th. Itau BBA Securities downgraded shares of Brasilagro Cia Brasileira De Propriedades Agricolas from an “outperform” rating to a “market perform” rating in a research report on Thursday, September 25th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce”.

Institutional Investors Weigh In On Brasilagro Cia Brasileira De Propriedades Agricolas

An institutional investor recently bought a new position in Brasilagro Cia Brasileira De Propriedades Agricolas stock. EverSource Wealth Advisors LLC purchased a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 9,580 shares of the company’s stock, valued at approximately $37,000. Hedge funds and other institutional investors own 1.15% of the company’s stock.

Brasilagro Cia Brasileira De Propriedades Agricolas Company Profile

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil and internationally. It operates through six segments: Real Estate, Grains, Sugarcane, livestock, Cotton, and Other.