Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) shares traded lower over the last trading session, losing -1.67% on 05/21/20. The shares fell to a low of $7.03 before closing at $7.06. Intraday shares traded counted 8.42 million, which was 78.1% higher than its 30-day average trading volume of 38.45M. PBR’s previous close was $7.18 while the outstanding shares total 6.46B. The firm has a beta of 1.96, a 12-month trailing P/E ratio of 9.07,. The stock’s Relative Strength Index (RSI) is 58.66, with weekly volatility at 4.37% and ATR at 0.42. The PBR stock’s 52-week price range has touched low of $4.01 and a $16.74 high.
Investors have identified the Oil & Gas Integrated company Petroleo Brasileiro S.A. – Petrobras as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $46.41 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Petroleo Brasileiro S.A. – Petrobras (PBR) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For PBR, the company has in raw cash 15.46 billion on their books with 5.92 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 31461000000 million total, with 25935000000 million as their total liabilities.
PBR were able to record 5.91 billion as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 8.09 billion. In cash movements, the company had a total of 7.78 billion as operating cash flow.
Potential earnings growth for Petroleo Brasileiro S.A. – Petrobras (PBR)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Petroleo Brasileiro S.A. – Petrobras recorded a total of 17.14 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -9.68% coming in sequential stages and their sales for the third quarter reducing by -15.9%.
Having a look at the company’s valuation, the company is expected to record 1.18 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on PBR sounds very interesting.
Is the stock of PBR attractive?
In the last 6 months, insiders have changed their ownership in shares of company stock by 39.80%.