Petrobras (PBR) closed the most recent trading day at $17.03, moving -1.22% from the previous trading session. This change lagged the S&P 500's 0.81% gain on the day. Elsewhere, the Dow saw an upswing of 0.27%, while the tech-heavy Nasdaq appreciated by 1.3%.
Heading into today, shares of the oil and gas company had lost 4.8% over the past month, lagging the Oils-Energy sector's loss of 3.61% and the S&P 500's gain of 1.13%.
The investment community will be closely monitoring the performance of Petrobras in its forthcoming earnings report. The company is scheduled to release its earnings on August 6, 2026. The company is expected to report EPS of $1.35, up 110.94% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $33.44 billion, up 58.94% from the prior-year quarter.
PBR's full-year Zacks Consensus Estimates are calling for earnings of $4.28 per share and revenue of $116.34 billion. These results would represent year-over-year changes of +52.86% and +30.44%, respectively.
Investors should also note any recent changes to analyst estimates for Petrobras. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 9.33% lower. Petrobras currently has a Zacks Rank of #5 (Strong Sell).
From a valuation perspective, Petrobras is currently exchanging hands at a Forward P/E ratio of 4.03. This expresses a discount compared to the average Forward P/E of 7.49 of its industry.
Investors should also note that PBR has a PEG ratio of 0.76 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Oil and Gas - Integrated - International industry held an average PEG ratio of 0.61.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 201, putting it in the bottom 19% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Petroleo Brasileiro S.A.- Petrobras (PBR): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).