Petroleo Brasileiro S.A.- Petrobras logged a -1.7% change during today's afternoon session, and is now trading at a price of $13.96 per share. The S&P 500 index moved 1.5% and the Dow Industrial Average posted a 2.0% change. PBR's trading volume is 28,811,850 compared to the stock's average volume of 33,154,667.
Petrobras trades -15.37% away from its average analyst target price of $16.49 per share. The 10 analysts following the stock have set target prices ranging from $13 to $19, and on average have given Petrobras a rating of buy.
Below are some factors that could be affecting the stocks's performance and analyst recommendation:
Petrobras has moved 34.6% over the last year, and the S&P 500 logged a change of -17.0%
Based on its trailing earning per share of 4.21, Petrobras has a trailing 12 month Price to Earnings (P/E) ratio of 3.3 while the S&P 500 average is 15.97
PBR has a forward P/E ratio is 3.8 based on its forward 12 month price to earnings (Eps) is $4.21 per share
The company has a price to earnings growth (PEG) ratio of -0.16 -- a number near or below 1 signifying that Petrobras is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 0.2 compared to its sector average of 1.45
Based in Rio De Janeiro, the multinational oil & gas company has 45,532 full time employees and a market cap of $93,902,077,952. Petroleo Brasileiro S.A.- Petrobras currently returns an annual dividend yield of 90.5%.
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