analysis of statistics

Brf-Brasil Foods S.A. (NYSE:BRFS) shares traded on -3.03% below secure line and closed at $7.04. The stock exchanged hands 7.93 Million shares versus average trading capacity of 4.83 Million shares. It has a market cap of $5.55 Billion.

Wall Street analysts are predicting that Brf-Brasil Foods S.A. (NYSE:BRFS) will report earnings per share of $-0.1 in their quarterly report. For the current quarter Brf-Brasil Foods S.A. (NYSE:BRFS) has high EPS estimates of $-0.03 in contradiction of low EPS estimates of $-0.16. However a year ago for the same quarter the company has reported $-0.54 EPS. Average estimation for the current quarter has been provided by 4 analysts.

Investors as well as the sell-side will be paying close attention to how the actual numbers compare with the estimates. Earnings surprises can have a huge impact on a company’s stock price. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock’s price, but also to a gradual increase over time. Hence, it’s not surprising that some companies are known for routinely beating earning projections. A negative earnings surprise will usually result in a decline in share price.

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. Previously Brf-Brasil Foods S.A. (NYSE:BRFS) reported $-0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.17 by $-0.16 with surprise factor of -94.1%.

Brf-Brasil Foods S.A. (NYSE:BRFS) has average revenue estimates of $2.16 Billion, compared to low analyst estimates of $2.02 Billion and high estimates of $2.25 Billion for the current quarter. A total number of 3 analysts provided estimations over revenues. For the current year the company’s revenue estimates are $8.74 Billion compared to low analyst estimates of $8.1 Billion and high estimates of $9.66 Billion according to the prediction of 6 analysts.

Taking a broader look at the analyst consensus, according to 6 analysts Brf-Brasil Foods S.A. (NYSE:BRFS)’s price will reach at $7.65 during 52 weeks. Its minimum price target estimates has been figured out at $4.98 while the maximum price target forecast is established at $9.1.

On the other hand Brf-Brasil Foods S.A. (NYSE:BRFS) has Relative Strength Index (RSI 14) of 42.5 along with Average True Range (ATR 14) of 0.3. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock’s price movement. The RSI value will always move between 0 and 100; the value will be 0 if the stock falls on all 14 days, and 100, if the price moves up on all the days) as suggested by J Welles Wilder. In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. The level of 50 represents neutral market momentum and corresponds with the center line in other oscillators such as MACD (Moving Average Convergence/Divergence). The average true range (ATR) is a measure of volatility introduced by Welles Wilder.

Consequently Brf-Brasil Foods S.A. (NYSE:BRFS)’s weekly and monthly volatility is 3.67%, 3.64% respectively.