JBS (NYSE:JBS) Price Target Raised to $23.00

JBS (NYSE:JBS) had its price target increased by Barclays from $22.00 to $23.00 in a research report report published on Friday,Benzinga reports. Barclays currently has an overweight rating on the stock.

Several other research firms have also issued reports on JBS. Zacks Research lowered JBS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. UBS Group raised JBS to a “strong-buy” rating in a research report on Friday, February 6th. Weiss Ratings upgraded shares of JBS from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 4th. Finally, Santander raised shares of JBS from a “neutral” rating to an “outperform” rating in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, JBS has an average rating of “Buy” and a consensus price target of $20.00.

JBS Stock Performance

NYSE:JBS opened at $17.05 on Friday. JBS has a fifty-two week low of $12.37 and a fifty-two week high of $17.80. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.91 and a current ratio of 1.60. The company has a 50 day moving average price of $15.78 and a 200 day moving average price of $14.67. The stock has a market capitalization of $13.19 billion and a P/E ratio of 16.23.

JBS (NYSE:JBS) last announced its earnings results on Wednesday, March 25th. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.25 by ($1.86). The business had revenue of $23.06 billion during the quarter. JBS’s revenue was up 15.5% compared to the same quarter last year.

JBS Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Monday, May 18th will be given a dividend of $1.00 per share. The ex-dividend date is Monday, May 18th.

Institutional Investors Weigh In On JBS

Several hedge funds and other institutional investors have recently bought and sold shares of JBS. BNDES Participacoes S.A. acquired a new position in JBS in the fourth quarter valued at $2,874,074,000. Davis Selected Advisers purchased a new stake in shares of JBS in the 4th quarter valued at about $170,945,000. Banco BTG Pactual S.A. purchased a new position in JBS during the 3rd quarter worth approximately $143,175,000. Ameriprise Financial Inc. grew its stake in JBS by 23,891.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,583,073 shares of the company’s stock worth $98,285,000 after buying an additional 6,555,634 shares during the last quarter. Finally, State Street Corp acquired a new position in JBS during the second quarter worth approximately $84,109,000.

JBS News Roundup

Here are the key news stories impacting JBS this week:

• Positive Sentiment: Barclays raised its price target to $23 and moved JBS to an “overweight” rating, signaling analyst conviction of ~35% upside from current levels. Benzinga
• Positive Sentiment: Board declared a $1.00 per-share dividend (record May 18, pay June 17), which can support investor demand and signal cash-return policy. (Company filing)
• Positive Sentiment: JBS reported record Q4 revenue and market commentary notes the stock climbed to a multi‑month high on the results — revenue growth is a near-term positive even as margins are strained. MSN: 7-month high
• Neutral Sentiment: JBS USA launched a partnership with 4‑H to support rural ag education — positive PR and community relations but unlikely to move the stock materially. Yahoo
• Negative Sentiment: A strike at the large Greeley, Colo. meatpacking plant has extended into its third week, disrupting production and raising near-term supply, cost and labor uncertainty for JBS USA. Prolonged work stoppages can hit volumes and margins. Denver Post
• Negative Sentiment: Bloomberg reports rising costs in Brazil plus continuing US cattle supply issues — a combination that pressures global margins and could compress profitability even as revenue rises. Bloomberg
• Negative Sentiment: JBS’s EPS missed consensus (reported $0.39 vs. est. $2.25) and commentary highlights flat profit as US cattle costs pressure margins; broader industry reports note losses piling up for slaughterhouse owners — factors that could weigh on sentiment if margins don’t recover. MSN: margins

JBS Company Profile

JBS SA is a global leader in the production and processing of meat products, with a focus on beef, pork and poultry. Headquartered in São Paulo, Brazil, the company operates through an extensive network of owned facilities and partnerships that span the Americas, Europe and the Asia-Pacific region. JBS supplies fresh, frozen and value-added protein solutions for retail, foodservice and industrial customers, and is active across the entire supply chain—from livestock procurement and feed production to slaughtering, processing, packaging and distribution.

Founded in 1953 by José Batista Sobrinho in Anápolis, Goiás, JBS began as a small slaughterhouse and expanded rapidly through strategic acquisitions and organic growth.