Equities research analysts forecast that Companhia Brasileira de Distribuição (NYSE:CBD – Get Rating) will report earnings of $0.01 per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Companhia Brasileira de Distribuição’s earnings. The firm is expected to announce its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts expect that Companhia Brasileira de Distribuição will report full-year earnings of $1.07 per share for the current year, with EPS estimates ranging from $0.43 to $1.71. For the next financial year, analysts anticipate that the company will post earnings of $0.37 per share, with EPS estimates ranging from $0.30 to $0.43. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Companhia Brasileira de Distribuição.
A number of equities research analysts have recently weighed in on CBD shares. StockNews.com lowered shares of Companhia Brasileira de Distribuição from a “buy” rating to a “hold” rating in a report on Monday, May 16th. Bank of America raised shares of Companhia Brasileira de Distribuição from an “underperform” rating to a “buy” rating in a report on Wednesday, May 4th. Finally, Citigroup raised shares of Companhia Brasileira de Distribuição from a “neutral” rating to a “buy” rating in a report on Wednesday, March 2nd. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $6.00.
NYSE CBD traded up $0.08 on Friday, hitting $4.21. The stock had a trading volume of 778,635 shares, compared to its average volume of 1,046,539. The business’s fifty day moving average price is $4.69 and its 200 day moving average price is $4.30. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.11 and a quick ratio of 0.72. Companhia Brasileira de Distribuição has a 52-week low of $3.37 and a 52-week high of $8.41. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 3.39, a price-to-earnings-growth ratio of 0.27 and a beta of 0.92.
The business also recently disclosed an annual dividend, which will be paid on Wednesday, June 22nd. Stockholders of record on Monday, May 9th will be issued a dividend of $0.061 per share. This represents a dividend yield of 1.43%. The ex-dividend date is Friday, May 6th.
Large investors have recently bought and sold shares of the business. Wolverine Trading LLC purchased a new stake in Companhia Brasileira de Distribuição in the fourth quarter valued at $41,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Companhia Brasileira de Distribuição in the first quarter valued at $53,000. Atlas Capital Advisors LLC boosted its holdings in Companhia Brasileira de Distribuição by 872.8% in the first quarter. Atlas Capital Advisors LLC now owns 10,779 shares of the company’s stock valued at $54,000 after purchasing an additional 9,671 shares during the last quarter. US Bancorp DE boosted its holdings in Companhia Brasileira de Distribuição by 51.0% in the third quarter. US Bancorp DE now owns 12,492 shares of the company’s stock valued at $59,000 after purchasing an additional 4,221 shares during the last quarter. Finally, Counterpoint Mutual Funds LLC boosted its holdings in Companhia Brasileira de Distribuição by 102.4% in the first quarter. Counterpoint Mutual Funds LLC now owns 13,072 shares of the company’s stock valued at $66,000 after purchasing an additional 6,614 shares during the last quarter. 4.35% of the stock is currently owned by institutional investors.
About Companhia Brasileira de Distribuição (Get Rating)
Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of hypermarkets, supermarkets, specialized stores, and department stores in Brazil. It operates in Food Retail, and Éxito Group segments. The company sells non-perishables, beverages, fruits, vegetables, meat, breads, cold cuts, dairy products, cleaning products, disposable products, and personal care products; and home appliances and other non-food products, such as clothing and baby items, shoes and accessories, household articles, books, magazines, CDs and DVDs, stationery, toys, sports and camping gears, furniture, mobile phones, mattresses, pet products, and gardening equipment and tools, as well as electronic products, including personal computers, software, computer accessories, and sound and image systems.
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