巴西食品(BRFS)
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Is Trending Stock BRF S.A. (BRFS) a Buy Now?
Zacks Investment Research· 2024-05-13 22:02
BRF (BRFS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this chicken, beef and pork producer have returned +11.6%, compared to the Zacks S&P 500 composite's +1.3% change. During this period, the Zacks Food - Miscellaneous industry, which BRF falls in, has gained 2.7%. The key question now is: What could be the stock's future direc ...
Are Consumer Staples Stocks Lagging BRF (BRFS) This Year?
Zacks Investment Research· 2024-05-10 22:47
Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Has BRF (BRFS) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question. BRF is a member of the Consumer Staples sector. This group includes 191 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank considers 16 different gro ...
3 Consumer Food Stocks Receiving Strong Buy Ratings This Week
Zacks Investment Research· 2024-05-10 08:56
Glancing at the Zacks Rank #1 (Strong Buy) list, several consumer staples stocks were added this week with them sharing the commonality of being consumer food companies. Let’s take a look at why now appears to be a good time to buy these highly ranked consumer food stocks. Tyson Foods (TSN) As the largest chicken producer in the United States, Tyson Foods doesn’t need much of an introduction with the company also being a primary distributor of beef and pork. Tyson Foods has started to put labor and producti ...
Fast-paced Momentum Stock BRF (BRFS) Is Still Trading at a Bargain
Zacks Investment Research· 2024-05-09 21:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, inves ...
BRF(BRFS) - 2024 Q1 - Earnings Call Transcript
2024-05-09 07:20
财务数据和关键指标变化 - 净收入达到134亿雷亚尔,EBITDA为21亿雷亚尔,EBITDA利润率为15.8% [7] - 毛利润为24亿雷亚尔,毛利率为24.4% [7] - 自由现金流为8.44亿雷亚尔 [17] - 净债务/EBITDA比率为1.45倍,为8年来最低 [7] 各条业务线数据和关键指标变化 巴西市场 - 巴西市场EBITDA利润率达到51.1%,加工产品和鲜肉产品表现良好 [8] - 核心产品组合的利润率较2023年平均水平有所提升 [9] - 商业执行能力持续改善,客户数量增加,产品上架率和客户服务水平提升 [9] 国际市场 - 国际市场EBITDA利润率环比上升6个百分点,出口量和价格均有所提升 [10] - 清真市场表现良好,新产品推出和自有分销渠道有助于业绩 [10] - 土耳其市场加工产品销量增长,市场份额提升4.7个百分点 [11] 配料和脂肪业务 - 该业务部门EBITDA利润率为10.7%,生产效率提升转化为核心业务的利润 [13] - 新的出口协议和效率提升项目推进,康科迪亚工厂获得ABRA认证 [13] 各个市场数据和关键指标变化 - 中国市场:出口量从2023年同期的15.3万吨增加至2024年同期的12.5万吨 [69] - 中东市场:受益于斋月期间的消费旺季,销量和利润率均有所提升 [10] - 土耳其市场:加工产品销量增长,市场份额提升4.7个百分点 [11] 公司战略和发展方向及行业竞争 - 公司持续推进BRF+效率提升计划,实现各项关键指标的持续改善 [5][19] - 公司聚焦提高生产效率、商业执行能力和创新,保持竞争优势 [9][29][133] - 公司有意扩大产能利用,但会谨慎把握增长节奏,确保可持续盈利 [110][138][139] 管理层对经营环境和未来前景的评论 - 公司对行业供需格局保持谨慎乐观,认为短期内供需基本平衡 [132] - 原料成本有望在下半年出现下降,有助于公司业绩进一步改善 [120][130] - 公司有信心持续提升运营效率和盈利能力,实现可持续增长 [19][135] 问答环节重要的提问和回答 问题1 **Leandro Alencar 提问** 询问公司在巴西市场和国际市场的价格和成本动态 [23][24][37] **Miguel de Souza Gularte 回答** 公司在巴西市场和国际市场的价格和成本情况保持稳定,有望在下半年进一步改善 [26][29][32][120] 问题2 **Gustavo Troyano 提问** 询问BRF+2.0计划的具体执行情况和效果 [47][48] **Miguel de Souza Gularte 回答** BRF+2.0计划以内部基准为目标,持续推进各项关键指标的改善,预计2024年将继续取得进展 [49][50] 问题3 **Thiago Bortoluci 提问** 询问公司未来的增长策略和产能利用情况 [108][109] **Miguel de Souza Gularte 回答** 公司目前有一定的产能空间,未来将谨慎把握增长节奏,确保增长与盈利能力并重 [110][114][115]
Best Value Stocks to Buy for May 8th
Zacks Investment Research· 2024-05-08 21:25
Here are three stocks with buy rank and strong value characteristics for investors to consider today, May 8th: Gray Television (GTN) : This communications company which currently operates 15 CBS-affiliated television stations, seven NBC-affiliated television stations, seven ABC-affiliated television stations and four daily newspapers, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.4% over the last 60 days. Gray Television has a ...
BRF(BRFS) - 2024 Q1 - Quarterly Report
2024-05-08 08:21
Interim Financial Information, Individual and Consolidated | March 31, 2024 Índex Índex 2 Statements of Financial Position 4 Statements of Income (Loss) 5 Statements of Comprehensive Income (Loss) 6 Statements of Changes in Equity 7 Statements of Cash Flows 8 Statements of Value Added 9 Management Report 10 1. Company’s Operations 48 2. Basis of preparation and presentation of interim financial information 50 3. Summary of material accounting policies 51 4. Cash and cash equivalents 52 5. Marketable securit ...
Why Fast-paced Mover BRF (BRFS) Is a Great Choice for Value Investors
Zacks Investment Research· 2024-04-23 21:51
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ...
BRF(BRFS) - 2023 Q4 - Annual Report
2024-04-19 09:59
FORM 6-K U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 dated April 18, 2024 Commission File Number 1-15148 BRF S.A. (Exact Name as Specified in its Charter) N/A (Translation of Registrant’s Name) 14401 AV. DAS NACOES UNIDAS 22ND FLOOR CHAC SANTO ANTONIO 04730 090-São Paulo – SP, Brazil (Address of principal executive offices) (Zip code) Indicate by check mark whether the registrant file ...
BRF(BRFS) - 2023 Q4 - Annual Report
2024-04-19 09:40
全球经济和地缘政治风险 - 公司可能受到全球经济和地缘政治条件恶化的影响,如俄乌冲突和中东冲突,可能导致市场波动、商品价格波动、成本增加等,对公司业务造成负面影响[23] - 全球供应链面临挑战,可能对公司业务、财务状况和运营结果产生重大不利影响[27] - 全球通货膨胀、COVID-19疫情对公司业绩可能产生负面影响[28] 生产和运营风险 - 饲料成分偏差导致家禽肉中二恶英水平异常,引发一系列安全程序和商业成本[30] - 自然灾害和极端天气可能干扰公司生产和运营[32] - 气候变化可能对公司业务和运营结果产生负面影响[32] - 水资源短缺和管理规定可能对公司业务和运营结果产生重大不利影响[35] 信息技术安全风险 - 公司高度依赖信息技术系统来管理业务数据和提高生产、分销设施的效率[36] - 公司的信息技术系统可能面临各种中断和网络安全威胁,包括黑客攻击、员工不端行为和技术错误[36] - 公司的信息技术系统受到网络安全和隐私风险的影响,可能导致未经授权的数据访问、丢失或破坏数据等后果[36] - 公司需要不断投入资金和资源来保护数据和信息技术基础设施,以防止网络安全事件对业务造成重大不利影响[36] 法律合规风险 - 公司需遵守各国数据保护法律,如LGPD、GDPR、LPPD和PIPL[42] - 不遵守数据保护法律可能导致高达2%至4%的集团收入罚款[43] - 食品安全和动物福利监管加强可能增加成本并对业绩产生不利影响[45] - 环境法规要求公司增加支出以符合规定[44] 公司经营风险 - 突发疫情或人类疾病爆发可能对公司业务和运营产生不利影响[49] - 公司未能持续创新并成功推出满足客户需求的新产品可能对运营结果产生不利影响[50] - 公司可能面临与关联方交易中的利益冲突情况[52] - 公司未能遵守与关联方交易相关的规则,可能会对公司的经营业绩产生不利影响[52] 财务风险 - 公司在2023年12月31日的总共债务为200,955,480千雷亚尔[79] - 公司的债务中有一部分是以外币,主要是美元,截至2023年12月31日,公司外币贷款和借款的本金和利息总额为110,933,850千雷亚尔,其中有1,521,567千雷亚尔被归类为短期债务[80] - 我们的财务费用受到浮动利率债务利率变化的影响,2023年12月31日,我们200,955,480千雷亚尔的贷款和借款中49%的本金和利息是以雷亚尔计价或与雷亚尔交换,并根据巴西浮动利率计算利息,如CDI,以及以SOFR或EIBOR为基础的美元计价浮动利息[85] 汇率和经济政策风险 - 2023年12月31日,巴西实际兑美元汇率较2022年12月31日上升了7.2%[81] - 巴西通货膨胀率(IPCA)在2023年12月31日前十二个月累计下降至4.62%,较2022年的5.79%、2021年的10.06%、2020年的4.52%和2019年的4.31%有所降低[88] - 巴西特别清算和托管系统(SELIC)利率在2023年12月31日下降至11.75%,较2022年的13.75%、2021年的9.25%、2020年的2.0%和2019年的4.5%有所降低[89] - 巴西雷亚尔兑美元汇率在2023年12月31日为1美元兑4.8413雷亚尔,2024年4月17日为1美元兑5.2469雷亚尔[90] - 巴西政府的经济政策和行动可能对我们的业务、运营结果和普通股和ADR的市场价格产生负面影响[86] 市场竞争和战略风险 - 公司可能在扩大产品线或进入新业务领域、行业和/或海外市场方面遇到困难[54] - 公司可能未能确保遵守相关的反欺诈、反腐败、反洗钱和其他国际法律法规[54] - 公司未能遵守出口管制或经济制裁法律法规可能对公司的经营业绩、财务状况和声誉产生重大不利影响[57]