JBS (NYSE:JBS) Shares Gap Down After Earnings Miss

Jbs N.V. (NYSE:JBS)’s share price gapped down prior to trading on Tuesday after the company announced weaker than expected quarterly earnings. The stock had previously closed at $13.12, but opened at $12.34. JBS shares last traded at $12.6250, with a volume of 1,903,586 shares changing hands.

The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.10). The company had revenue of $22.74 billion during the quarter. JBS had a net margin of 1.22% and a return on equity of 12.00%. The business’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter last year, the business earned $0.54 earnings per share.

More JBS News

Here are the key news stories impacting JBS this week:

• Positive Sentiment: JBS reported better U.S. beef results, partially offsetting weakness elsewhere in its business. Reuters: JBS misses profit estimates despite better US beef results
• Neutral Sentiment: The company agreed to acquire Flora for $542 million, expanding into personal care and broadening its consumer-products business. The deal offers a diversification opportunity, though its financial impact is not yet clear. JBS Enters Personal Care Market with Flora Acquisition
• Negative Sentiment: Third-quarter earnings missed expectations: JBS reported $0.16 per share versus the $0.26 consensus, down from $0.52 a year earlier. Revenue edged up 0.6% to $22.74 billion, but adjusted EBITDA fell to $1.18 billion from $1.84 billion, pointing to margin and operating pressure. JBS Reports Third Quarter 2026 Results
• Negative Sentiment: Reports also cited Chinese beef import quotas as a headwind for JBS’s meatpacking business, adding to concerns about an already difficult operating environment. Barron’s: Stocks that explain today’s market

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on JBS. Zacks Research upgraded shares of JBS from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Wall Street Zen cut JBS from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Stephens lowered their price target on JBS from $18.00 to $17.00 and set an “overweight” rating for the company in a research report on Monday, August 17th. JPMorgan Chase & Co. dropped their price objective on JBS from $18.00 to $17.50 and set an “overweight” rating for the company in a research note on Thursday, October 22nd. Finally, Barclays cut their price objective on JBS from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.10.

Insider Buying and Selling

In other JBS news, CFO Guilherme Cavalcanti sold 183,501 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $13.85, for a total value of $2,541,488.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Institutional Trading of JBS

Several hedge funds have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership boosted its holdings in JBS by 117.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 7,687,775 shares of the company’s stock valued at $138,072,000 after purchasing an additional 4,147,304 shares during the period. Bank of America Corp DE increased its holdings in JBS by 11.6% during the 1st quarter. Bank of America Corp DE now owns 2,782,983 shares of the company’s stock worth $49,982,000 after purchasing an additional 289,771 shares during the period. Assenagon Asset Management S.A. acquired a new stake in JBS in the 2nd quarter valued at about $21,866,000. Sumitomo Mitsui Trust Group Inc. raised its position in JBS by 3.2% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 873,080 shares of the company’s stock valued at $15,681,000 after purchasing an additional 27,398 shares in the last quarter. Finally, Private Advisory Group LLC raised its position in JBS by 25.9% in the 3rd quarter. Private Advisory Group LLC now owns 942,122 shares of the company’s stock valued at $10,637,000 after purchasing an additional 193,845 shares in the last quarter.

JBS Stock Down 3.7%

The firm has a 50 day moving average price of $12.40 and a 200-day moving average price of $14.02. The company has a current ratio of 1.53, a quick ratio of 0.77 and a debt-to-equity ratio of 2.51. The firm has a market cap of $9.80 billion, a PE ratio of 12.37, a PEG ratio of 3.42 and a beta of -1.54.

JBS Company Profile

JBS SA is a global food company focused on processing beef, pork, poultry and lamb. Its products include fresh and frozen meat, prepared and packaged foods, and value-added food products sold under brands such as Swift, Pilgrim’s and Seara. The company also produces ingredients and other products from animal byproducts, including leather and collagen.

Founded in 1953 in Anápolis, Brazil, JBS has grown into an international business with operations across the Americas, Europe, Australia and other markets.