JBS S.A. ADR Stock News

JBS S.A. (JBSAY) CEO Gilberto Tomazoni on Q4 2021 Results - Earnings Call Transcript

Brazilian meatpacker JBS SA, which operates multiple food processing facilities in the United States, said its North American operations will continue to drive performance.

REvil had been linked to ransomware targeting the world''s largest meat producer, Brazil-based JBS SA, and an attack that snarled businesses worldwide.

Pilgrim''s Pride Corporation with ticker code (PPC) have now 5 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 35 and 28 with the average target price sitting at 29.9. With the stocks previous close at 24.26 this indicates there is a potential upside of 23.2%. There is a 50 day moving average of 27.33 and the 200 moving average now moves to 26.32. The market capitalisation for the company is $5,514m. Company Website: https://www.pilgrims.com [stock_market_widget type="chart" template="basic" color="green" assets=PPC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $6,797m based on the market concensus. Pilgrim''s Pride Corporation engages in the production, processing, marketing and distribution of fresh, frozen and value-added chicken, and pork products to retailers, distributors, and foodservice operators in the United States, the United Kingdom, Mexico, the Middle East, Asia, Continental Europe, and internationally.

(Bloomberg) -- JBS SA has withdrawn its proposal to purchase the outstanding shares it didn’t already own in Pilgrim’s Pride Corp., sending the U.S. company’s shares plummeting in late trading.

SAO PAULO (Reuters) – Brazil’s state-controlled development bank BNDES sold on Wednesday 50 million shares of the meatpacker JBS SA, raising about 1.9 billion reais ($369.90 million), said the director of capital markets of the bank Bruno Laskowsky.

Brazil's state-controlled development bank BNDES sold on Wednesday 50 million shares of the meatpacker JBS SA, raising about 1.9 billion reais ($369.90 million), said the director of capital markets o

Tyson Foods Soars To Record After Hiking Beef, Chicken And Pork Prices By Double Digits Stock of Tyson Foods, the world''s second largest processor and marketer of chicken, beef, and pork after Brazil''s JBS S.A., is soaring 9%, hitting an all time high and is one of the S&P''s best companies this morning ... after the company reported blowout earnings (thanks to passing on surging food prices) and announced that it is raising prices even more as it grapples with a tight labor market and smaller livestock herds. According to the report, beef prices jumped by 32% in the quarter, with chicken up ~20% and pork 13%. This helped Tyson''s operating margin grow to 11.3%, up from 6.7%, a year earlier. The higher meat prices has, however, had the Biden administration scrambling as profits continue to mount at meatpackers, while runaway inflation continues to crush Biden''s collapsing approval rating. This is what the company reported: Beef: Sales volume decreased due to the impacts associated with a challenging labor environment and increased supply chain constraints, partially offset by strong global demand Average sales price increased as input costs such as live cattle, labor, freight and transportation costs increased and demand for our beef products remained strong Pork: Sales volume was up slightly as strong global demand was offset by the impacts associated with a challenging labor environment.

Investors are looking to invest in meat stocks. This is because of the rising demand for meat.

Jbs S.A. (OTCMKTS:JBSAY) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 180,100 shares, an increase of 1,756.7% from the November 15th total of 9,700 shares. Based on an average trading volume of 250,000 shares, the short-interest ratio is currently 0.7 days. Separately, […]

Adds details, CEO quote SAO PAULO, Dec 13 (Reuters) Brazilian meatpacker JBS SA JBSS3.SA agreed a deal to acquire Italy-based delicatessen company Grupo Kings, which will be incorporated by its subsidiary Rigamonti, for 82 million euros ($92.38 million). JBS said in a securities filing that Rigamonti will own all of Grupo Kings four factories [] The post Brazilian meatpacker JBS acquires Italys Grupo Kings for $92.5 mln appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

Pilgrim''s Pride Corporation found using ticker (PPC) now have 5 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 30 and 26.5 with a mean TP of 28.2. With the stocks previous close at 28.16 this now indicates there is a potential upside of .1%. The 50 day moving average now sits at 28.58 and the 200 moving average now moves to 25.52. The market cap for the company is $6,842m. Company Website: https://www.pilgrims.com [stock_market_widget type="chart" symbol="PPC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Pilgrim''s Pride Corporation produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the United States, the United Kingdom, Mexico, France, Puerto Rico, the Netherlands, rest of Europe, the Middle East, Asia, and internationally. The company offers fresh chicken and pork products, including pre-marinated or non-marinated refrigerated (nonfrozen) whole or cut-up chickens; frozen whole chickens; breast and mini breast fillets; pork cuts; added value pork and pork ribs; and prepackaged case-ready chickens, such as whole chickens and chicken parts.

Jbs S.A. (OTCMKTS:JBSAY) declared a dividend on Sunday, November 21st, investing.com reports. Investors of record on Thursday, November 25th will be given a dividend of 0.3464 per share on Monday, December 6th. This represents a dividend yield of 8.83%. The ex-dividend date of this dividend is Wednesday, November 24th. Shares of JBSAY stock opened at []

JBS S.A.'s (JBSAY) CEO Gilberto Tomazoni on Q3 2021 Earnings Call Transcript

Australia's competition regulator on Thursday raised concerns over meatpacker JBS SA's proposed A$175 million ($128.3 million) acquisition of pork processor Rivalea.