Currently, there are 3.72B common shares owned by the public and among those 3.72B shares have been available to trade.
The company’s stock has a 5-day price change of -2.85% and -6.69% over the past three months. PBR shares are trading 0.86% year to date (YTD), with the 12-month market performance down to -17.00% lower. It has a 12-month low price of $12.54 and touched a high of $16.67 over the same period. PBR has an average intraday trading volume of 14.79 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.58%, -5.16%, and -7.30% respectively.
Institutional ownership of Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) shares accounts for 19.07% of the company’s 3.72B shares outstanding.
It has a market capitalization of $48.26B and a beta (3y monthly) value of 1.09. The stock’s trailing 12-month PE ratio is 11.57, while the earnings-per-share (ttm) stands at $1.12. The company has a PEG of 0.14 and a Quick Ratio of 0.48 with the debt-to-equity ratio at 1.02. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.00% over the week and 2.35% over the month.
Earnings per share for the fiscal year are expected to increase by 520.93%, and -4.35% over the next financial year. EPS should grow at an annualized rate of 82.54% over the next five years, compared to -2.65% over the past 5-year period.
Looking at the support for the PBR, a number of firms have released research notes about the stock. HSBC Securities stated their Buy rating for the stock in a research note on March 05, 2025, with the firm’s price target at $15. JP Morgan was of a view on September 25, 2024 that the stock is Overweight, while Morgan Stanley gave the stock Overweight rating on August 26, 2024, issuing a price target of $18- $20. BofA Securities on their part issued Buy rating on June 27, 2024.
