Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Announces Earnings Results

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) posted its quarterly earnings data on Thursday. The company reported ($0.11) earnings per share (EPS) for the quarter, Zacks reports. Brasilagro Cia Brasileira De Propriedades Agricolas had a net margin of 11.99% and a return on equity of 6.47%.

Brasilagro Cia Brasileira De Propriedades Agricolas Price Performance

Shares of NYSE LND traded down $0.06 during mid-day trading on Friday, reaching $3.66. The company had a trading volume of 81,070 shares, compared to its average volume of 37,465. The firm has a market cap of $375.30 million, a price-to-earnings ratio of 14.62 and a beta of 0.51. The business’s 50-day simple moving average is $3.79 and its 200 day simple moving average is $3.79. Brasilagro Cia Brasileira De Propriedades Agricolas has a one year low of $3.49 and a one year high of $4.25. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.94 and a current ratio of 1.79.

Institutional Investors Weigh In On Brasilagro Cia Brasileira De Propriedades Agricolas

A hedge fund recently bought a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas stock. EverSource Wealth Advisors LLC purchased a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 9,580 shares of the company’s stock, valued at approximately $37,000. 1.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Itau BBA Securities downgraded shares of Brasilagro Cia Brasileira De Propriedades Agricolas from an “outperform” rating to a “market perform” rating in a report on Thursday, September 25th. Weiss Ratings restated a “sell (d+)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce”.

About Brasilagro Cia Brasileira De Propriedades Agricolas

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil and internationally. It operates through six segments: Real Estate, Grains, Sugarcane, livestock, Cotton, and Other.