During the last session, Companhia Brasileira de Distribuicao (NYSE:CBD)’s traded shares were 0.36 million, with the beta value of the company hitting 1.19. At the end of the trading day, the stock’s price was $4.15, reflecting an intraday gain of 0.97% or $0.04. The 52-week high for the CBD share is $8.41, that puts it down -102.65 from that peak though still a striking 18.55% gain since the share price plummeted to a 52-week low of $3.38. The company’s market capitalization is $1.10B, and the average trade volume was 1.10 million shares over the past three months.
Companhia Brasileira de Distribuicao (CBD) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.50. CBD has a Sell rating from 0 analyst(s) out of 9 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.
3 Tiny Stocks Primed to Explode The world’s greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We’ve set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Companhia Brasileira de Distribuicao (CBD) registered a 0.97% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.97% in intraday trading to $4.15 this Wednesday, 11/24/21, hitting a weekly high. The stock’s 5-day price performance is 0.24%, and it has moved by -11.32% in 30 days. Based on these gigs, the overall price performance for the year is 17.34%.
The consensus price target of analysts on Wall Street is $6.10, which implies an increase of 31.97% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.94 and $9.86 respectively. As a result, CBD is trading at a discount of -137.59% off the target high and 53.25% off the low.
Companhia Brasileira de Distribuicao (CBD) estimates and forecasts
Statistics show that Companhia Brasileira de Distribuicao has outperformed its competitors in share price, compared to the industry in which it operates. Companhia Brasileira de Distribuicao (CBD) shares have gone down -43.92% during the last six months, with a year-to-date growth rate more than the industry average at 26.58% against 25.10. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to shrink -100.00% this quarter and then drop -100.00% in the quarter after that. In the rating firms’ projections, revenue will decrease -4.30% compared to the previous financial year.
Revenue for the current quarter is expected to be $11.69 billion as predicted by 1 analyst(s).
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -1.40%. While earnings are projected to return 439.80% in 2021.
CBD Dividends
Companhia Brasileira de Distribuicao is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Companhia Brasileira de Distribuicao is 0.43, with the dividend yield indicating at 10.36 percent, continuing the trend of increasing dividends in recent years.
Companhia Brasileira de Distribuicao (NYSE:CBD)’s Major holders
Companhia Brasileira de Distribuicao insiders own 0.00% of total outstanding shares while institutional holders control 8.47%, with the float percentage being 8.47%. Coronation Fund Managers Ltd. is the largest shareholder of the company, while 115 institutions own stock in it. As of Mar 30, 2021, the company held over 5.73 million shares (or 2.13% of all shares), a total value of $33.33 million in shares.
The next largest institutional holding, with 4.05 million shares, is of Harding Loevner LLC’s that is approximately 1.51% of outstanding shares. At the market price on Mar 30, 2021, these shares were valued at $23.59 million.
>> 7 Top Picks for the Post-Pandemic Economy <<
Also, the Mutual Funds coming in first place with the largest holdings of Companhia Brasileira de Distribuicao (CBD) shares are Harding, Loevner Funds, Inc.-Institutional Emerging Markets Portfolio and Harding, Loevner Funds, Inc.-Emerging Markets Portfolio. Data provided on Jan 30, 2021 indicates that Harding, Loevner Funds, Inc.-Institutional Emerging Markets Portfolio owns about 1.32 million shares. This amounts to just over 0.49 percent of the company’s overall shares, with a $18.01 million market value. The same data shows that the other fund manager holds slightly less at 0.9 million, or about 0.34% of the stock, which is worth about $12.33 million.
Recent Comments