Zacks: Analysts Expect Fibria (FBR) to Announce $0.42 EPS

Analysts expect Fibria (NYSE:FBR) to report $0.42 earnings per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Fibria’s earnings. Fibria reported earnings per share of ($0.15) in the same quarter last year, which would suggest a positive year-over-year growth rate of 380%. The business is scheduled to report its next earnings report on Tuesday, July 24th.

On average, analysts expect that Fibria will report full year earnings of $1.63 per share for the current fiscal year. For the next fiscal year, analysts expect that the company will report earnings of $1.93 per share. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for Fibria.

Fibria (NYSE:FBR) last issued its earnings results on Wednesday, April 25th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.08. The firm had revenue of $1.14 billion for the quarter. Fibria had a net margin of 10.33% and a return on equity of 9.39%.



FBR has been the topic of several analyst reports. ValuEngine downgraded shares of Fibria from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 17th. Zacks Investment Research upgraded shares of Fibria from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a research note on Monday, April 16th. HSBC downgraded shares of Fibria from a “buy” rating to a “hold” rating in a research note on Friday, March 16th. Citigroup downgraded shares of Fibria from a “buy” rating to a “neutral” rating in a research note on Wednesday, March 21st. Finally, UBS upgraded shares of Fibria from a “sell” rating to a “neutral” rating in a research note on Friday, April 27th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. Fibria presently has an average rating of “Hold” and a consensus price target of $17.69.

Shares of NYSE FBR traded down $0.25 during midday trading on Tuesday, hitting $19.28. The stock had a trading volume of 873,827 shares, compared to its average volume of 1,176,210. The company has a market cap of $10.68 billion, a PE ratio of 31.61 and a beta of -0.10. Fibria has a 52 week low of $9.56 and a 52 week high of $22.05. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.75 and a current ratio of 2.34.

The business also recently disclosed an annual dividend, which was paid on Monday, May 7th. Investors of record on Monday, May 7th were given a dividend of $0.118 per share. The ex-dividend date of this dividend was Friday, May 4th. This represents a yield of 0.61%. Fibria’s dividend payout ratio (DPR) is 18.03%.

Institutional investors have recently modified their holdings of the stock. Mackenzie Financial Corp bought a new position in Fibria during the fourth quarter valued at approximately $157,000. Toronto Dominion Bank grew its position in Fibria by 150.0% during the 4th quarter. Toronto Dominion Bank now owns 15,000 shares of the basic materials company’s stock worth $221,000 after purchasing an additional 9,000 shares during the last quarter. CIBC World Markets Inc. purchased a new stake in Fibria during the 1st quarter worth approximately $235,000. Harbour Capital Advisors LLC purchased a new stake in Fibria during the 4th quarter worth approximately $246,000. Finally, Banco de Sabadell S.A purchased a new stake in Fibria during the 4th quarter worth approximately $326,000. Institutional investors own 7.36% of the company’s stock.

About Fibria

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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