Centrais Eletricas Brasileiras S.A. ADR (NYSE:EBR) finished Wednesday with a subtraction of -$0.26 to close at $7.00, a downside of -3.58 percent. An average of 1,269,620 shares of common stock have been traded in the last five days. There was a fall of -$0.41 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 788,410 shares traded, while the 50-day average volume stands at 913,924.
EBR stock has decreased by -6.17% in the last month. The company shares reached their 1-month lowest point of $6.71 on 09/08/23. With the stock rallying to its 52-week high on 01/12/23, shares of the company touched a low of $5.67 and a high of $10.39 in 52 weeks. It has reached a new high 6 times so far this year and lost -11.73% or -$0.93 in price. In spite of this, the price is down -32.60% from the 52-week high.
Valuation Metrics
Centrais Eletricas Brasileiras S.A. ADR (EBR) has a trailing price-to-earnings (P/E) ratio of 47.14. The stock’s beta is 0.78. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.00, the price-to-book (PB) ratio at 0.75, and the price-to-cash flow ratio at 11.16.
The company has a payout ratio of 12.30%. The company’s most recent quarterly dividend payment was $0.0443 a share, representing a down of -66.18% from $0.1310 last year. Its latest decrease dividend $0.0867 reported on Thursday May 4 2023.
Financial Health
The quick ratio of Centrais Eletricas Brasileiras S.A. ADR for the recent quarter was 1.45, and the current ratio was 1.47, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.41 and a total debt to equity ratio of 0.56 for the recent quarter. Centrais Eletricas Brasileiras S.A. ADR’s EBITDA margin is 22.58%, while its operating margin for the same period stands at 28.11%. Its gross profit as reported stood at $1.0 billion compared to revenue of $6.6 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Centrais Eletricas Brasileiras S.A. ADR’s return on assets was 0.68%.
Earnings Surprise
For the recent quarter, Centrais Eletricas Brasileiras S.A. ADR had $287.85 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $690.72 million in the quarter, while revenues were shrunk -55.31%.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Centrais Eletricas Brasileiras S.A. ADR (EBR) price momentum. RSI 9-day as of the close on 27 September was 41.08%, suggesting the stock is Neutral, with historical volatility in this time frame at 34.94%.
As of today, EBR’s price is $7.12 -5.53% or -$0.41 from its 5-day moving average. EBR is currently trading -6.54% lower than its 20-day SMA and +3.40% higher than its 100-day SMA. However, the stock’s current price level is -11.50% below the SMA50 and -14.53% below the SMA200.
The stochastic %K and %D were 51.55% and 51.16%, respectively, and the average true range (ATR) was 0.24. With the 14-day stochastic at 33.72% and the average true range at 0.23, the RSI (14) stands at 43.26%. The stock has reached -0.06 on the 9-day MACD Oscillator while the 14-day reading was at -0.06.
Analyst Ratings
The consensus rating for Centrais Eletricas Brasileiras S.A. ADR (EBR) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell EBR, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 10 others rate it as a “buy”.
What is EBR’s price target for the next 12 months?
Analysts predict a range of price targets between $6.81 and $14.55, with a median target of $11.92. Taking a look at these predictions, the average price target given by analysts for Centrais Eletricas Brasileiras S.A. ADR (EBR) stock is $11.56.
