Analysts Anticipate Fibria Celulose S.A. (FBR) to Announce $0.41 EPS
Analysts forecast that Fibria Celulose S.A. (NYSE:FBR) will report $0.41 earnings per share for the current quarter, according to Zacks. Zero analysts have issued estimates for Fibria Celulose’s earnings. The business is expected to issue its next quarterly earnings report on Monday, January 1st.
On average, analysts expect that Fibria Celulose will report full year earnings of $1.44 per share for the current financial year. For the next year, analysts expect that the firm will post earnings of $1.31 per share, with EPS estimates ranging from $0.72 to $1.90. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Fibria Celulose.
FBR has been the topic of several research reports. BidaskClub upgraded shares of Fibria Celulose from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. TheStreet lowered shares of Fibria Celulose from a “c” rating to a “d+” rating in a report on Wednesday, July 26th. Zacks Investment Research lowered shares of Fibria Celulose from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Citigroup Inc. upgraded shares of Fibria Celulose from a “neutral” rating to a “buy” rating in a report on Monday, August 14th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and set a $15.00 price objective on shares of Fibria Celulose in a report on Monday, October 23rd. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Fibria Celulose presently has a consensus rating of “Buy” and a consensus target price of $14.17.
Large investors have recently bought and sold shares of the company. Citadel Advisors LLC bought a new stake in shares of Fibria Celulose during the third quarter worth about $136,000. Quantbot Technologies LP bought a new stake in shares of Fibria Celulose during the second quarter worth about $115,000. First Trust Advisors LP bought a new stake in shares of Fibria Celulose during the third quarter worth about $213,000. Cubist Systematic Strategies LLC bought a new stake in shares of Fibria Celulose during the second quarter worth about $166,000. Finally, Ameriprise Financial Inc. increased its position in shares of Fibria Celulose by 82.5% during the second quarter. Ameriprise Financial Inc. now owns 19,337 shares of the basic materials company’s stock worth $196,000 after acquiring an additional 8,743 shares in the last quarter. 7.20% of the stock is owned by institutional investors.
Shares of Fibria Celulose (NYSE:FBR) traded up $0.07 during midday trading on Tuesday, hitting $15.41. 1,034,700 shares of the stock traded hands, compared to its average volume of 1,540,111. Fibria Celulose has a 52-week low of $7.98 and a 52-week high of $17.21. The company has a current ratio of 1.96, a quick ratio of 1.55 and a debt-to-equity ratio of 1.20.
About Fibria Celulose
Fibria Celulose SA (Fibria) is a forestry company, which is engaged in the production of eucalyptus pulp. The Company is engaged in the production and sale of short fiber pulp from its pulp production facilities located in the cities of Aracruz (State of Espirito Santo), Tres Lagoas (State of Mato Grosso do Sul), Jacarei (State of Sao Paulo) and Eunapolis (State of Bahia).
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