Equities research analysts predict that Fibria Celulose SA (NYSE:FBR) will post $0.51 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Fibria Celulose’s earnings. Fibria Celulose posted earnings per share of ($0.05) in the same quarter last year, which would suggest a positive year-over-year growth rate of 1,120%. The company is expected to report its next earnings report on Tuesday, January 30th.
According to Zacks, analysts expect that Fibria Celulose will report full year earnings of $1.38 per share for the current fiscal year. For the next financial year, analysts forecast that the business will report earnings of $1.28 per share, with EPS estimates ranging from $0.72 to $1.84. Zacks’ earnings per share calculations are an average based on a survey of analysts that that provide coverage for Fibria Celulose.
Several research analysts have recently commented on FBR shares. Zacks Investment Research upgraded Fibria Celulose from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a report on Tuesday, September 26th. ValuEngine upgraded Fibria Celulose from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Santander downgraded Fibria Celulose from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Goldman Sachs Group reiterated a “neutral” rating and issued a $15.00 price objective on shares of Fibria Celulose in a report on Monday, October 23rd. Finally, Credit Suisse Group reiterated a “neutral” rating on shares of Fibria Celulose in a report on Friday, December 1st. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Fibria Celulose presently has an average rating of “Buy” and an average price target of $14.17.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC purchased a new position in shares of Fibria Celulose in the third quarter worth about $136,000. Quantbot Technologies LP purchased a new position in shares of Fibria Celulose in the second quarter worth about $115,000. First Trust Advisors LP purchased a new position in Fibria Celulose during the 3rd quarter valued at about $213,000. Cubist Systematic Strategies LLC purchased a new position in Fibria Celulose during the 2nd quarter valued at about $166,000. Finally, Ameriprise Financial Inc. increased its holdings in Fibria Celulose by 82.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 19,337 shares of the basic materials company’s stock valued at $196,000 after purchasing an additional 8,743 shares during the period. Hedge funds and other institutional investors own 7.07% of the company’s stock.
Shares of Fibria Celulose (NYSE FBR) opened at $14.60 on Friday. The stock has a market capitalization of $8,090.00, a PE ratio of 36.50 and a beta of -0.11. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.55 and a current ratio of 1.96. Fibria Celulose has a 52 week low of $7.98 and a 52 week high of $17.21.
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About Fibria Celulose
Fibria Celulose SA (Fibria) is a forestry company, which is engaged in the production of eucalyptus pulp. The Company is engaged in the production and sale of short fiber pulp from its pulp production facilities located in the cities of Aracruz (State of Espirito Santo), Tres Lagoas (State of Mato Grosso do Sul), Jacarei (State of Sao Paulo) and Eunapolis (State of Bahia).
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