JBS (OTCMKTS:JBSAY – Get Free Report) will likely be releasing its results after the market closes on Monday, May 11th. Analysts expect JBS to post earnings of $0.3501 per share and revenue of $20.2382 billion for the quarter.
JBS Stock Performance
JBSAY remained flat at $14.44 during trading on Monday. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.84 and a current ratio of 1.60. JBS has a 52 week low of $10.18 and a 52 week high of $18.02. The stock has a fifty day moving average of $14.44 and a 200 day moving average of $14.44. The company has a market cap of $16.01 billion, a PE ratio of 7.85 and a beta of 0.80.
Analysts Set New Price Targets
Separately, Morgan Stanley reaffirmed an “overweight” rating and issued a $20.50 price target on shares of JBS in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to data from MarketBeat, JBS currently has an average rating of “Buy” and a consensus target price of $20.50.
About JBS
JBS SA is a global leader in the meat processing industry, primarily engaged in the production of beef, pork and poultry products. Headquartered in São Paulo, Brazil, the company operates across the entire protein value chain, from livestock procurement and slaughtering to processing, packaging and distribution. Through its subsidiaries, JBS serves retail, food service and branded product customers in key markets worldwide.
The company’s extensive product portfolio includes fresh, frozen and processed meat products under various well-known brands.
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