Here's Why BRF (BRFS) Fell More Than Broader Market

Group 1 - BRF's stock closed at $3.33, down 1.19% from the previous session, underperforming the S&P 500's loss of 0.43% [1] - Over the past month, BRF shares have decreased by 9.41%, while the Consumer Staples sector saw a minimal loss of 0.05% and the S&P 500 gained 2.6% [1] Group 2 - The upcoming earnings release for BRF is anticipated, with projected EPS at$ 0.15, indicating stability year-over-year, and revenue expected to reach $2.74 billion, reflecting a 61.67% increase compared to the same quarter last year [2] - Recent changes in analyst estimates for BRF are important, as upward revisions indicate positive sentiment regarding the company's business operations and profit generation capabilities [3] Group 3 - The Zacks Rank system, which evaluates estimate changes, currently ranks BRF at 2 (Buy), with a historical average annual return of +25% for stocks rated 1 since 1988 [5] - BRF's Forward P/E ratio is 7.84, significantly lower than the industry average of 16.06, and its PEG ratio stands at 0.19, compared to the industry average of 2.66 [6] Group 4 - The Food - Miscellaneous industry, which includes BRF, has a Zacks Industry Rank of 181, placing it in the bottom 28% of over 250 industries, indicating weaker performance compared to higher-ranked industries [7]