Brf S.A. (NYSE:BRFS)’s share price traded up 5.6% during mid-day trading on Tuesday . The company traded as high as $7.22 and last traded at $7.13. 7,041,500 shares changed hands during trading, an increase of 84% from the average session volume of 3,825,114 shares. The stock had previously closed at $6.75.

A number of equities analysts have issued reports on the company. Santander upgraded BRF from a “hold” rating to a “buy” rating in a research report on Monday, April 1st. Zacks Investment Research downgraded BRF from a “buy” rating to a “hold” rating in a research report on Tuesday, April 9th. ValuEngine upgraded BRF from a “sell” rating to a “hold” rating in a research report on Tuesday, January 22nd. Finally, Barclays reiterated a “buy” rating and set a $7.00 price target on shares of BRF in a research report on Sunday, March 3rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $7.00.

The stock has a market capitalization of $5.48 billion, a PE ratio of -13.20 and a beta of 0.56. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.31 and a quick ratio of 0.94.

BRF (NYSE:BRFS) last issued its quarterly earnings results on Thursday, February 28th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.04. The company had revenue of $2.51 billion for the quarter, compared to the consensus estimate of $2.43 billion. BRF had a negative return on equity of 26.08% and a negative net margin of 14.08%. On average, analysts expect that Brf S.A. will post -0.05 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of BRFS. Clarfeld Financial Advisors LLC acquired a new position in shares of BRF during the fourth quarter valued at approximately $25,000. HRT Financial LLC acquired a new position in shares of BRF during the fourth quarter valued at approximately $58,000. Regal Investment Advisors LLC acquired a new position in shares of BRF during the fourth quarter valued at approximately $81,000. NumerixS Investment Technologies Inc raised its holdings in shares of BRF by 62.0% during the fourth quarter. NumerixS Investment Technologies Inc now owns 16,200 shares of the company’s stock valued at $91,000 after acquiring an additional 6,200 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of BRF during the fourth quarter valued at approximately $108,000. Institutional investors own 10.53% of the company’s stock.

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About BRF (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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