With 13.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 18.12 million shares. The 52-week range on PBR shows that it touched its highest point at $17.91 and its lowest point at $8.55 during that stretch. It currently has a 1-year price target of $17.70. With its current market cap of 54.85 billion, PBR has annualized dividend of $0.69 while the current yield stands at 4.69%. Beta for the stock currently stands at 1.52.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PBR was up-trending over the past week, with a rise of 1.45%, but this was down by -16.49% over a month. Three-month performance dropped to -6.59% while six-month performance rose 0.88%. The stock gained 73.28% in the past year, while it has lost -7.70% so far this year. A look at the trailing 12-month EPS for PBR yields 3.82 with Next year EPS estimates of 3.16. For the next quarter, that number is 0.91. This implies an EPS growth rate of -10.39% for this year and -8.67% for next year. EPS is expected to decline by -8.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.80%.
Float and Shares Shorts:
At present, 3.72 billion PBR shares are outstanding with a float of 3.72 billion shares on hand for trading. On Feb 29, 2024, short shares totaled 21.62 million, which was 0.33% higher than short shares on Jan 31, 2024.
Institutional Ownership:
Through their ownership of 22.08% of PBR’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PBR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
