Petroleo Brasileiro SA Petrobras (PBR) Rising Before The Market Opens

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Petroleo Brasileiro SA Petrobras ( PBR) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Petroleo Brasileiro SA Petrobras as such a stock due to the following factors:

  • PBR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $395.5 million.
  • PBR traded 15,011 shares today in the pre-market hours as of 8:09 AM.
  • PBR is up 2.1% today from yesterday's close.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in PBR with the Ticky from Trade-Ideas. See the FREE profile for PBR NOW at Trade-Ideas

More details on PBR:

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. The stock currently has a dividend yield of 0.7%. PBR has a PE ratio of 9.1. Currently there are 2 analysts that rate Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and 6 rate it a hold.

The average volume for Petroleo Brasileiro SA Petrobras has been 19.8 million shares per day over the past 30 days. Petroleo Brasileiro SA Petrobras has a market cap of $100.8 billion and is part of the basic materials sector and energy industry. Shares are up 12.2% year-to-date as of the close of trading on Thursday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

Highlights from the ratings report include:
  • PBR's revenue growth has slightly outpaced the industry average of 2.6%. Since the same quarter one year prior, revenues slightly increased by 3.8%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. Despite the fact that it has already risen in the past year, there is currently no conclusive evidence that warrants the purchase or sale of this stock.
  • The gross profit margin for PETROBRAS-PETROLEO BRASILIER is currently lower than what is desirable, coming in at 32.09%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 6.02% trails that of the industry average.
  • Net operating cash flow has decreased to $6,413.00 million or 18.05% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.

null

If you liked this article you might like

S&P, Nasdaq Retreat From Records as Tax Talk Keeps Markets on Edge

S&P, Nasdaq Retreat From Records as Tax Talk Keeps Markets on Edge

S&P 500 and Dow Give Back Gains, Follow Nasdaq Into the Red

S&P 500 and Dow Give Back Gains, Follow Nasdaq Into the Red

Wall Street Under Pressure as Crude Oil, Energy Sector Weaken

Wall Street Under Pressure as Crude Oil, Energy Sector Weaken

Wall Street on Track for Records as Energy Overshadows Telecom Pressure

Wall Street on Track for Records as Energy Overshadows Telecom Pressure

Energy and Chipmaker Stocks Lead Wall Street Above Record Closing Levels

Energy and Chipmaker Stocks Lead Wall Street Above Record Closing Levels