Value gained By Companhia Brasileira de Distribuicao (CBD) In The Past Week: $4.26

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Companhia Brasileira de Distribuicao (NYSE:CBD) finished Wednesday with a subtraction of -$0.04 to close at $4.12, a downside of -0.96 percent. An average of 1,178,080 shares of common stock have been traded in the last five days. There was a gain of $0.03 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 1,108,755 shares traded, while the 50-day average volume stands at 1,047,700.

CBD stock has increased by 14.76% in the last month. The company shares reached their 1-month lowest point of $3.51 on 08/22/22. With the stock rallying to its 52-week high on 04/05/22, shares of the company touched a low of $2.73 and a high of $5.93 in 52 weeks. It has reached a new high 21 times so far this year and achieved 4.90% or $0.13 in price. In spite of this, the price is down -30.47% from the 52-week high.


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Valuation Metrics

Companhia Brasileira de Distribuicao (CBD) has a trailing price-to-earnings (P/E) ratio of 13.33. The stock’s beta is 1.06. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.13, the price-to-book (PB) ratio at 0.41, and the price-to-cash flow ratio at 26.28.

The company has a payout ratio of 138.90%. The company’s most recent quarterly dividend payment was $0.0610 a share, representing a down of -84.74% from $0.3997 last year. Its latest decrease dividend $0.3387 reported on Wednesday April 27 2022.

Financial Health

The quick ratio of Companhia Brasileira de Distribuicao for the three months ended June 29 was 0.70, and the current ratio was 1.10, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.76 and a total debt to equity ratio of 1.02 for the quarter ending June 29. Its gross profit as reported stood at $2.4 billion compared to revenue of $9.5 billion.

Earnings Surprise

For the three-month period that ended June 29, Companhia Brasileira de Distribuicao had $1.2 billion in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $152.38 million in the quarter, while revenues were shrunk -1329.98%. The analyst consensus anticipated Companhia Brasileira de Distribuicao’s latest quarter earnings to come in at -$0.02 per share, but it turned out to be -$0.13, a -550.00% surprise. For the quarter, EBITDA amounted to $157.96 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Companhia Brasileira de Distribuicao (CBD) price momentum. RSI 9-day as of the close on 21 September was 55.45%, suggesting the stock is Neutral, with historical volatility in this time frame at 31.82%.

As of today, CBD’s price is $4.08 +0.73% or $0.03 from its 5-day moving average. CBD is currently trading +10.75% higher than its 20-day SMA and -3.74% lower than its 100-day SMA. However, the stock’s current price level is +35.08% above the SMA50 and +3.26% above the SMA200.

The stochastic %K and %D were 48.65% and 41.24%, respectively, and the average true range (ATR) was 0.17. With the 14-day stochastic at 48.65% and the average true range at 0.17, the RSI (14) stands at 57.80%. The stock has reached 0.00 on the 9-day MACD Oscillator while the 14-day reading was at -0.01.

Analyst Ratings

JP Morgan downgraded Companhia Brasileira de Distribuicao (NYSE: CBD) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Overweight.

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