News coverage about Companhia Brasileira de Distribuicao (NYSE:CBD) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Companhia Brasileira de Distribuicao earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.9841123457375 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Companhia Brasileira de Distribuicao (NYSE CBD) traded down $0.32 on Tuesday, reaching $23.03. 306,200 shares of the company’s stock traded hands, compared to its average volume of 172,020. The company has a current ratio of 1.18, a quick ratio of 0.98 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $6,216.21, a P/E ratio of 74.29, a price-to-earnings-growth ratio of 1.02 and a beta of 1.84. Companhia Brasileira de Distribuicao has a fifty-two week low of $16.93 and a fifty-two week high of $25.90.
Companhia Brasileira de Distribuicao (NYSE:CBD) last posted its quarterly earnings data on Thursday, October 26th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.11. Companhia Brasileira de Distribuicao had a net margin of 0.64% and a return on equity of 6.47%. sell-side analysts expect that Companhia Brasileira de Distribuicao will post 0.73 earnings per share for the current fiscal year.
CBD has been the topic of a number of recent analyst reports. Credit Suisse Group raised shares of Companhia Brasileira de Distribuicao from a “neutral” rating to an “outperform” rating in a report on Tuesday, November 7th. Zacks Investment Research downgraded shares of Companhia Brasileira de Distribuicao from a “buy” rating to a “hold” rating in a report on Monday, September 25th. Finally, UBS Group raised shares of Companhia Brasileira de Distribuicao from a “market perform” rating to an “outperform” rating in a report on Tuesday, November 21st. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $28.00.
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About Companhia Brasileira de Distribuicao
Companhia Brasileira de Distribuicao, directly or through its subsidiaries, is engaged in the retail of food, clothing, home appliances, electronics and other items through its chain of hypermarkets, supermarkets, specialized stores and department stores principally under the trade names Pao de Acucar, Minuto Pao de Acucar, Extra Hiper, Extra Super, Minimercado Extra, Assai an the neighborhood shopping mall brand Conviva.
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