Brf S.A. (NYSE:BRFS) shares gapped down before the market opened on Friday . The stock had previously closed at $6.89, but opened at $6.55. BRF shares last traded at $6.29, with a volume of 4965214 shares trading hands.

A number of research analysts have weighed in on the stock. Zacks Investment Research cut shares of BRF from a “hold” rating to a “sell” rating in a research report on Wednesday, December 5th. ValuEngine cut shares of BRF from a “hold” rating to a “sell” rating in a research report on Monday, September 17th. Santander cut shares of BRF from a “buy” rating to a “hold” rating in a research report on Tuesday, November 13th. UBS Group cut shares of BRF from a “neutral” rating to a “sell” rating in a research report on Monday, October 1st. Finally, Goldman Sachs Group upgraded shares of BRF from a “sell” rating to a “buy” rating in a research report on Sunday, September 16th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. BRF presently has an average rating of “Hold” and a consensus target price of $7.00.

The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.74 and a current ratio of 1.20. The stock has a market cap of $5.19 billion, a price-to-earnings ratio of -38.69 and a beta of 0.56.

BRF (NYSE:BRFS) last posted its quarterly earnings data on Thursday, November 8th. The company reported ($0.25) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.13). The firm had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.37 billion. BRF had a negative net margin of 10.23% and a negative return on equity of 22.97%. Equities analysts expect that Brf S.A. will post -0.88 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Panagora Asset Management Inc. grew its holdings in shares of BRF by 194.3% in the third quarter. Panagora Asset Management Inc. now owns 29,287 shares of the company’s stock worth $160,000 after purchasing an additional 19,337 shares during the last quarter. Gould Asset Management LLC CA grew its holdings in shares of BRF by 67.8% in the third quarter. Gould Asset Management LLC CA now owns 37,556 shares of the company’s stock worth $206,000 after purchasing an additional 15,175 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew its holdings in shares of BRF by 30.4% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 41,482 shares of the company’s stock worth $194,000 after purchasing an additional 9,670 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of BRF by 37.3% in the second quarter. Bank of America Corp DE now owns 41,486 shares of the company’s stock worth $194,000 after purchasing an additional 11,263 shares during the last quarter. Finally, Deltec Asset Management LLC grew its holdings in shares of BRF by 175.0% in the third quarter. Deltec Asset Management LLC now owns 55,000 shares of the company’s stock worth $301,000 after purchasing an additional 35,000 shares during the last quarter. Hedge funds and other institutional investors own 9.49% of the company’s stock.

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BRF Company Profile (NYSE:BRFS)

BRF SA focuses on raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, sauce, mayonnaise, frozen vegetables, and soybean by-products. Its product portfolio comprises whole chickens and frozen cuts of chicken, turkey, and pork; ham products, bologna, sausages, frankfurters, and other smoked products; hamburgers, breaded meat products, and meatballs; lasagnas, pizzas, cheese breads, pies, and frozen vegetables; margarine, mustard and ketchup, and sauces and mayonnaise; and soy meal and refined soy flour, as well as animal feed.

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