BRF(US:BRFS) ZACKSยท2024-09-17 22:56Company Performance - BRF's stock closed at $4.60, reflecting a +1.1% change from the previous trading day's closing, outperforming the S&P 500's gain of 0.03% [1] - Over the past month, BRF shares have decreased by 2.57%, underperforming the Consumer Staples sector's gain of 4.12% and the S&P 500's gain of 1.54% [1] Earnings Forecast - The upcoming earnings release is expected to show an EPS of $0.12, representing a 340% increase from the same quarter last year [2] - Revenue is forecasted to be $2.84 billion, indicating a 0.28% increase compared to the same quarter of the previous year [2] Full Year Estimates - For the full year, earnings are projected at $0.43 per share and revenue at $10.85 billion, reflecting increases of +243.33% and +12.13% respectively from the previous year [3] - Recent revisions to analyst forecasts are crucial as they indicate confidence in the company's performance and profit potential [3] Valuation Metrics - BRF has a Forward P/E ratio of 10.58, which is a discount compared to the industry average Forward P/E of 18.34 [5] - The current PEG ratio for BRF is 0.28, significantly lower than the Food - Miscellaneous industry's average PEG ratio of 2.79 [6] Industry Ranking - The Food - Miscellaneous industry is part of the Consumer Staples sector and has a Zacks Industry Rank of 88, placing it in the top 35% of over 250 industries [6] - The Zacks Rank system indicates that BRF currently holds a Zacks Rank of 2 (Buy), with a 21.13% rise in the Zacks Consensus EPS estimate over the past month [5]