Jbs N.V. (JBS) to Issue Dividend of $1.00 on June 17th

Jbs N.V. (NYSE:JBS) declared a dividend on Wednesday, March 25th. Shareholders of record on Monday, May 18th will be paid a dividend of 1.00 per share on Wednesday, June 17th. The ex-dividend date is Monday, May 18th.

JBS Trading Up 2.4%

Shares of NYSE JBS traded up $0.40 during trading on Friday, hitting $17.04. 4,818,580 shares of the company were exchanged, compared to its average volume of 4,649,830. The company has a quick ratio of 0.76, a current ratio of 1.54 and a debt-to-equity ratio of 2.15. JBS has a 12-month low of $12.37 and a 12-month high of $17.80. The company has a fifty day moving average price of $15.73 and a 200-day moving average price of $14.67.

JBS (NYSE:JBS) last issued its quarterly earnings data on Wednesday, March 25th. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $2.25 by ($1.86). The firm had revenue of $23.06 billion for the quarter. The firm’s revenue for the quarter was up 15.5% on a year-over-year basis.

Analysts Set New Price Targets

Several research analysts have issued reports on JBS shares. Santander raised JBS from a “neutral” rating to an “outperform” rating in a research report on Thursday, December 11th. UBS Group upgraded JBS to a “strong-buy” rating in a research note on Friday, February 6th. Weiss Ratings raised JBS from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 4th. Zacks Research lowered shares of JBS from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Finally, Barclays boosted their price objective on shares of JBS from $22.00 to $23.00 and gave the company an “overweight” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $20.00.

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.