Zacks: Brokerages Expect Fibria Celulose S.A. (FBR) to Announce $0.50 EPS
Equities research analysts expect Fibria Celulose S.A. (NYSE:FBR) to announce earnings per share of $0.50 for the current fiscal quarter, Zacks reports. Zero analysts have made estimates for Fibria Celulose’s earnings. The firm is scheduled to report its next earnings results on Monday, January 1st.
On average, analysts expect that Fibria Celulose will report full year earnings of $1.44 per share for the current year. For the next year, analysts anticipate that the business will report earnings of $1.29 per share, with EPS estimates ranging from $0.68 to $1.90. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that that provide coverage for Fibria Celulose.
Several analysts recently issued reports on FBR shares. Zacks Investment Research lowered shares of Fibria Celulose from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a $15.00 price objective on shares of Fibria Celulose in a report on Monday. BidaskClub lowered shares of Fibria Celulose from a “hold” rating to a “sell” rating in a research note on Saturday, July 8th. TheStreet lowered shares of Fibria Celulose from a “c” rating to a “d+” rating in a research note on Wednesday, July 26th. Finally, Citigroup Inc. upgraded shares of Fibria Celulose from a “neutral” rating to a “buy” rating in a research note on Monday, August 14th. Three analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $14.17.
Large investors have recently modified their holdings of the business. Quantbot Technologies LP purchased a new stake in Fibria Celulose during the second quarter worth about $115,000. Two Sigma Securities LLC purchased a new stake in Fibria Celulose during the first quarter worth about $107,000. First Trust Advisors LP purchased a new stake in Fibria Celulose during the third quarter worth about $213,000. Cubist Systematic Strategies LLC purchased a new stake in Fibria Celulose during the second quarter worth about $166,000. Finally, Tower Research Capital LLC TRC increased its stake in Fibria Celulose by 6,485.4% during the first quarter. Tower Research Capital LLC TRC now owns 18,439 shares of the basic materials company’s stock worth $169,000 after purchasing an additional 18,159 shares during the period. Institutional investors own 7.10% of the company’s stock.
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Fibria Celulose (NYSE:FBR) traded up 0.37% on Tuesday, reaching $16.46. 4,175,911 shares of the company traded hands. The stock has a 50 day moving average of $14.31 and a 200-day moving average of $11.55. Fibria Celulose has a 1-year low of $7.49 and a 1-year high of $17.21. The stock’s market capitalization is $9.10 billion.
Fibria Celulose Company Profile
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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