Fibria (FBR) Releases Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Fibria (NYSE:FBR) posted its quarterly earnings data on Wednesday, April 25th. The basic materials company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.08, Morningstar.com reports. The business had revenue of $1.14 billion for the quarter. Fibria had a return on equity of 9.39% and a net margin of 10.33%.

Fibria opened at $18.97 on Friday, according to Marketbeat.com. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.75 and a current ratio of 2.34. The company has a market cap of $10.71 billion, a price-to-earnings ratio of 31.10 and a beta of -0.10. Fibria has a 1-year low of $19.24 and a 1-year high of $19.38.

The company also recently announced an annual dividend, which was paid on Monday, May 7th. Investors of record on Monday, May 7th were given a dividend of $0.118 per share. This represents a yield of 0.61%. The ex-dividend date was Friday, May 4th. Fibria’s dividend payout ratio (DPR) is presently 19.67%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC boosted its holdings in Fibria by 22.6% during the fourth quarter. Renaissance Technologies LLC now owns 3,380,028 shares of the basic materials company’s stock valued at $49,686,000 after purchasing an additional 623,228 shares in the last quarter. BlackRock Inc. boosted its holdings in Fibria by 21.9% during the fourth quarter. BlackRock Inc. now owns 1,909,585 shares of the basic materials company’s stock valued at $28,070,000 after purchasing an additional 343,519 shares in the last quarter. Sensato Investors LLC boosted its holdings in Fibria by 3.6% during the fourth quarter. Sensato Investors LLC now owns 1,861,609 shares of the basic materials company’s stock valued at $27,366,000 after purchasing an additional 65,541 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in Fibria during the fourth quarter valued at approximately $15,228,000. Finally, DekaBank Deutsche Girozentrale acquired a new stake in Fibria during the first quarter valued at approximately $6,160,000. 7.38% of the stock is currently owned by institutional investors.

FBR has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Fibria from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 26th. UBS raised Fibria from a “sell” rating to a “neutral” rating in a research report on Friday, April 27th. ValuEngine raised Fibria from a “buy” rating to a “strong-buy” rating in a research report on Monday, April 2nd. HSBC downgraded Fibria from a “buy” rating to a “hold” rating in a research report on Friday, March 16th. Finally, Goldman Sachs reissued a “sell” rating on shares of Fibria in a research report on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, one has issued a buy rating and two have given a strong buy rating to the company’s stock. Fibria presently has a consensus rating of “Hold” and an average price target of $17.69.

About Fibria

Fibria Celulose SA produces, sells, and exports short fiber pulp in Brazil and internationally. It manufactures and sells bleached eucalyptus kraft pulp. The company has approximately 1,056,000 hectares of forest base in the states of São Paulo, Minas Gerais, Rio de Janeiro, Espírito Santo, Mato Grosso do Sul, and Bahia.

Earnings History for Fibria (NYSE:FBR)

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