Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR) has seen a rise in its stock price by 1.25 in relation to its previous close of 15.20. However, the company has experienced a 4.41% gain in its stock price over the last five trading sessions. InvestorPlace reported 2023-09-18 that Emerging markets offer unique opportunities for investors. Many investors are hesitant to branch out to companies outside the U.S., but these three stocks offer a great buying opportunity.
Is It Worth Investing in Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR) Right Now?
Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR) has a higher price-to-earnings ratio of 3.12x compared to its average ratio,, and the 36-month beta value for PBR is at 1.45. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
The average price suggested by analysts for PBR is $15.59, which is $0.56 above the current market price. The public float for PBR is 4.20B, and currently, shorts hold a 0.66% of that float. The average trading volume for PBR on September 19, 2023 was 20.67M shares.
PBR’s Market Performance
PBR’s stock has seen a 4.41% increase for the week, with a 13.25% rise in the past month and a 11.94% gain in the past quarter. The volatility ratio for the week is 1.93%, and the volatility levels for the past 30 days are at 2.36% for Petroleo Brasileiro S.A. – Petrobras The simple moving average for the last 20 days is 6.07% for PBR stock, with a simple moving average of 30.12% for the last 200 days.
PBR Trading at 10.05% from the 50-Day Moving Average
After a stumble in the market that brought PBR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.82% of loss for the given period.
Volatility was left at 2.36%, however, over the last 30 days, the volatility rate increased by 1.93%, as shares surge +10.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.08% upper at present.
During the last 5 trading sessions, PBR rose by +4.41%, which changed the moving average for the period of 200-days by +38.15% in comparison to the 20-day moving average, which settled at $14.60. In addition, Petroleo Brasileiro S.A. – Petrobras saw 48.97% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PBR
Current profitability levels for the company are sitting at:
- +43.25 for the present operating margin
- +50.25 for the gross margin
The net margin for Petroleo Brasileiro S.A. – Petrobras stands at +29.37. The total capital return value is set at 40.71, while invested capital returns managed to touch 29.89. Equity return is now at value 41.50, with 16.10 for asset returns.
Based on Petroleo Brasileiro S.A. – Petrobras (PBR), the company’s capital structure generated 77.42 points at debt to equity in total, while total debt to capital is 43.64. Total debt to assets is 28.74, with long-term debt to equity ratio resting at 64.27. Finally, the long-term debt to capital ratio is 36.23.
When we switch over and look at the enterprise to sales, we see a ratio of 1.15, with the company’s debt to enterprise value settled at 0.51. The receivables turnover for the company is 16.87 and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.
In conclusion, Petroleo Brasileiro S.A. – Petrobras (PBR) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.