Media headlines about Companhia Brasileira de Distribuicao (NYSE:CBD) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Companhia Brasileira de Distribuicao earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.2901774143079 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Companhia Brasileira de Distribuicao opened at $21.96 on Friday, according to Marketbeat.com. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.01 and a current ratio of 1.20. The stock has a market cap of $5.91 billion, a PE ratio of 47.74, a price-to-earnings-growth ratio of 1.29 and a beta of 1.71. Companhia Brasileira de Distribuicao has a 12-month low of $18.60 and a 12-month high of $25.90.
Companhia Brasileira de Distribuicao (NYSE:CBD) last announced its earnings results on Monday, February 19th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.07). The business had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $3.81 billion. Companhia Brasileira de Distribuicao had a net margin of 1.41% and a return on equity of 6.30%. sell-side analysts expect that Companhia Brasileira de Distribuicao will post 0.85 EPS for the current year.
The firm also recently announced a special dividend, which will be paid on Monday, June 4th. Stockholders of record on Friday, April 6th will be given a dividend of $0.1064 per share. This is a boost from Companhia Brasileira de Distribuicao’s previous special dividend of $0.10. The ex-dividend date is Thursday, April 5th. Companhia Brasileira de Distribuicao’s dividend payout ratio is currently 63.04%.
Several analysts have recently issued reports on CBD shares. ValuEngine cut shares of Companhia Brasileira de Distribuicao from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. Bank of America upgraded shares of Companhia Brasileira de Distribuicao from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 2nd. Citigroup upgraded shares of Companhia Brasileira de Distribuicao from a “neutral” rating to a “buy” rating in a research report on Tuesday, February 27th. Finally, Zacks Investment Research cut shares of Companhia Brasileira de Distribuicao from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 22nd. One analyst has rated the stock with a sell rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $23.00.
About Companhia Brasileira de Distribuicao
Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of hypermarkets, supermarkets, specialized stores, and department stores in Brazil. The company operates through two segments, Food Retail; and Cash and Carry.
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