Zacks: Analysts Expect Fibria Celulose SA (FBR) Will Announce Earnings of $1.03 Per Share

Analysts predict that Fibria Celulose SA (NYSE:FBR) will announce earnings per share of $1.03 for the current quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Fibria Celulose’s earnings. Fibria Celulose reported earnings per share of $0.16 in the same quarter last year, which suggests a positive year over year growth rate of 543.8%. The company is scheduled to issue its next quarterly earnings results on Monday, February 4th.

According to Zacks, analysts expect that Fibria Celulose will report full year earnings of $1.75 per share for the current financial year. For the next fiscal year, analysts forecast that the business will report earnings of $3.04 per share. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Fibria Celulose.

A number of research firms have commented on FBR. Zacks Investment Research downgraded Fibria Celulose from a “buy” rating to a “hold” rating in a report on Tuesday, September 25th. ValuEngine raised Fibria Celulose from a “hold” rating to a “buy” rating in a report on Thursday, August 2nd. FBR & Co downgraded Fibria Celulose from an “outperform” rating to a “neutral” rating in a report on Wednesday, September 12th. Finally, Citigroup set a $22.00 target price on Fibria Celulose and gave the stock a “hold” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $21.42.

NYSE:FBR traded up $0.26 during trading hours on Wednesday, reaching $18.97. 681,000 shares of the stock were exchanged, compared to its average volume of 1,268,495. The company has a quick ratio of 1.94, a current ratio of 2.39 and a debt-to-equity ratio of 1.18. Fibria Celulose has a 52 week low of $13.34 and a 52 week high of $22.05. The company has a market cap of $10.76 billion, a PE ratio of 31.07 and a beta of -0.20.

A number of large investors have recently added to or reduced their stakes in FBR. CIBC World Markets Inc. bought a new stake in shares of Fibria Celulose in the 1st quarter worth approximately $235,000. Segall Bryant & Hamill LLC bought a new stake in shares of Fibria Celulose in the 2nd quarter worth approximately $257,000. Cubist Systematic Strategies LLC lifted its holdings in shares of Fibria Celulose by 17.5% in the 1st quarter. Cubist Systematic Strategies LLC now owns 18,521 shares of the basic materials company’s stock worth $361,000 after purchasing an additional 2,758 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Fibria Celulose in the 2nd quarter worth approximately $363,000. Finally, Bailard Inc. bought a new stake in shares of Fibria Celulose in the 2nd quarter worth approximately $372,000. 6.87% of the stock is currently owned by institutional investors.

Fibria Celulose Company Profile

Fibria Celulose SA produces, sells, and exports short fiber pulp in Brazil and internationally. It manufactures and sells bleached eucalyptus kraft pulp. The company has approximately 1,056,000 hectares of forest base in the states of São Paulo, Minas Gerais, Rio de Janeiro, Espírito Santo, Mato Grosso do Sul, and Bahia.

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