JBSAY - JBS S.A.

Other OTC - Other OTC Delayed Price. Currency in USD
12.52
-0.35 (-2.72%)
As of 1:22PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close12.87
Open12.41
Bid0.00 x 0
Ask0.00 x 0
Day's Range12.40 - 12.62
52 Week Range4.20 - 13.56
Volume9,042
Avg. Volume162,648
Market Cap16.908B
Beta (3Y Monthly)0.73
PE Ratio (TTM)N/A
EPS (TTM)-0.19
Earnings DateN/A
Forward Dividend & Yield0.00 (0.01%)
Ex-Dividend Date2019-05-10
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters15 days ago

    UPDATE 1-Brazil's JBS buying cattle from deforested Amazon land -report

    Brazilian food processor JBS SA has been buying cattle from ranchers operating on deforested land in the Amazon that the government had said must not be used for grazing, a newspaper report said on Tuesday. Repórter Brasil, the Bureau of Investigative Journalism and The Guardian reported that a JBS supplier in the northern Brazilian state of Pará had been raising cattle in a deforested area that had been embargoed by the environment agency Ibama. In a statement sent to Reuters, JBS said that monitoring indirect cattle suppliers was challenging for the entire meat-packing sector due to a lack of public databases that would allow development of a proper monitoring system.

  • Reuters28 days ago

    Meat-loving Brazil joins the search for plant-based alternatives

    Beef-crazy Brazil, with its all-you-can-eat steak houses, world-leading meatpackers and more cattle than people, is not the first place you might look for plant-based alternatives to meat. Such "plant-based meats" generally use a processed mix of protein from soybeans or peas, for example, blended with mushrooms or vegetables such as beets to approach a texture, appearance and taste similar to animal products. Brazil's cattle population has grown to around 215 million, while the country has about 210 million residents, according to official statistics agency IBGE.

  • Reuterslast month

    Brazil May chicken exports to China rise close to 50% amid ASF outbreak

    Brazilian chicken exports to China grew by 49% in May compared to the same period last year as the Asian nation imported more meat to deal with an outbreak of African swine fever (ASF) that has impacted domestic production. Brazil, the world's largest chicken exporter, shipped 381,100 tonnes last month to overseas customers, a 14.4% increase, according to a statement from meat industry group ABPA on Friday. China represented almost 15% of shipments, the ABPA data showed, and was Brazil's main chicken export destination last month.

  • Reuterslast month

    BRF board minority resisted merger talks with Marfrig -sources

    Management at Brazilian food processor BRF SA has met with resistance from a minority of its board to talks on a potential merger with Marfrig SA that would create one of the world's largest meat producers, three people with knowledge of the matter said. The sources, who asked for anonymity to discuss confidential deliberations, said that BRF's 10 directors did not unanimously approve the exclusive talks with Marfrig. Dissenters questioned how a tie-up would fit with the strategy of Chairman and Chief Executive Pedro Parente to cut debt, sell assets and restructure operations after a string of losses.

  • Reuters2 months ago

    Brazil's BRF and Marfrig in talks to form meatpacking heavyweight

    Brazilian food processors BRF SA and Marfrig Global Foods SA on Thursday announced exclusive talks for a potential tie-up that would create one of the world's largest meat producers, according to securities filings. A deal could combine BRF's poultry business, which leads the world in chicken exports, and Marfrig's beef business, which is second to JBS SA globally. Two other sources close to the companies said their aim is to create a complete protein portfolio to compete with global giants such as Tyson Foods Inc and JBS.

  • Reuters2 months ago

    U.S. farm aid should not benefit foreign companies -Democratic senators

    Nine Democratic senators urged the Trump administration to ensure an aid package meant to compensate U.S. farmers for losses stemming from the U.S.-China trade war does not end up in the hands of foreign companies. In a letter addressed to U.S. Agriculture Secretary Sonny Perdue, the senators said a commodity purchasing program that was part of a $12 billion aid package last year included contracts with Smithfield Foods, a subsidiary of China's WH Group, and JBS USA, owned by Brazil's JBS SA.

  • Reuters2 months ago

    Brazil's JBS posts Q1 net income of $273 mln, beats analysts' estimates

    Brazil-based food processor JBS SA on Monday reported first-quarter net income of 1.09 billion reais , above analysts' estimates of a 526.19 real net income for the period, as net revenues rose across ...

  • Reuters3 months ago

    JBS to ship Brazil's first chicken cargo to India

    Brazilian meat processor JBS SA said its Seara processed foods unit will start selling chicken products to India, as the group explores new markets in a year when poultry is poised to become the most demanded meat protein in the world. In a statement sent to Reuters on Thursday, JBS said Seara became the first company in Brazil authorized by India to sell chicken products in the Asian nation. India's per capita chicken consumption is forecast to increase to 2.23 kilos in 2019, up from 2.18 kilos in the previous year, as personal income rise, according data from the United Nations' Food and Agriculture Organization.

  • Lawsuit says Tyson, Cargill, JBS conspired to suppress beef prices paid to U.S. ranchers
    Reuters3 months ago

    Lawsuit says Tyson, Cargill, JBS conspired to suppress beef prices paid to U.S. ranchers

    Tyson Foods Inc, Cargill Inc, the JBS USA unit of Brazil's JBS SA and National Beef Packing Co were accused of colluding since Jan. 2015 to suppress the price of "fed" cattle, which is cattle raised specifically for beef production, with a goal of improving margins and profitability. The 104-page complaint by the Ranchers Cattlemen Action Legal Fund United Stockgrowers of America (R-CALF) and four cattle-feeding ranchers was filed in Chicago federal court, and seeks compensatory, punitive and triple damages. It resembles litigation in the same court in which companies, including Tyson and JBS, have been accused of conspiring to fix prices of broiler chickens and pork.

  • Moody's3 months ago

    JBS USA Lux S.A. -- Moody's assigns Ba3 to JBS USA proposed $700 million notes; Ba2 to secured term loan

    Net proceeds from unsecured notes to be used to repay a portion of secured debt. New York, April 23, 2019 -- Moody's Investors Service, ("Moody's") has assigned Ba3 ratings to $700 million of unsecured notes being proposed as add-ons to existing notes that were co-issued by JBS USA Lux S.A. ("JBS USA"), JBS USA Finance, Inc. ("JBS USA Finance") and JBS USA Food Company ("JBS USA Food").

  • Moody's4 months ago

    JBS USA Lux S.A. -- Moody's assigns Ba3 to JBS USA proposed $650 million notes

    Moody's Investors Service, ("Moody's") has assigned a Ba3 rating to $650 million of unsecured 10-year notes proposed to be co-issued by JBS USA Lux S.A. ("JBS USA"), JBS USA Finance, Inc. ("JBS USA Finance") and JBS USA Food Company ("JBS USA Food"). The co-issuers are indirect wholly-owned subsidiaries of Brazil based JBS S.A. (Ba3 stable, the "parent"). The other ratings of JBS USA and the stable ratings outlook are unaffected.

  • Moody's4 months ago

    JBS S.A. -- Moody's: JBS Ba3 ratings and stable outlook unaffected by notes add-on

    Moody's Investors Service ("Moody's") comments that JBS S.A. (JBS) Ba3 corporate family, senior unsecured ratings of its wholly-owned subsidiary JBS Investments II Gmbh, and stable outlook remain unchanged following the company's announcement that it plans to issue $300 million in senior unsecured notes. This transaction will be an add-on to the $500 million notes due 2026 issued in October 2018 by JBS Investments II GmbH and fully guaranteed by JBS S.A. Net proceeds from the proposed issuance will be used primarily for liability management purposes by refinancing shorter maturity debt instruments, mostly represented by trade finance lines with Brazilian banks, and therefore there will be no impact on leverage.

  • Reuters4 months ago

    Brazil's JBS says profits will be stronger this year

    JBS SA executives said on Friday the Brazilian meat company will deliver higher earnings in 2019 on strong demand for beef in the United States and Australia as well as growing Chinese demand for various proteins. "The good news is that the price of chicken has already started to climb in the U.S.," Guilherme Cavalcanti, chief financial officer, told analysts. This development should help JBS' Pilgrim's Pride Corp. division, which struggled in 2018.

  • Reuters4 months ago

    EMERGING MARKETS-Latam stocks eye best quarter since Q3 2017

    Latin American stocks rose on Friday, on course to post their best quarter since the third quarter of 2017 as optimism over U.S-China trade talks boosted risk appetite, while a softer dollar helped prop ...

  • Reuters4 months ago

    Brazil ex-President Temer charged in graft case linked to meatpacker JBS

    Former Brazilian President Michel Temer has been formally charged with corruption on allegations of using a middleman to procure a suitcase full of cash from the world's largest meatpacker, JBS SA, federal prosecutors said on Thursday. Temer, who was president from 2016 until the end of 2018, was arrested last week as part of a separate investigation and accused of running a vast criminal enterprise that sought bribes for public works projects. In 2017, Rodrigo da Rocha Loures was caught on video by security cameras running out of a Sao Paulo restaurant carrying a bag with 500,000 reais ($128,166) in cash that prosecutors said was a bribe from the owners of JBS.

  • Reuters4 months ago

    Brazil's JBS swings to profit in Q4 but misses estimates

    Brazil's JBS SA posted fourth-quarter results that missed analysts' estimates due to challenges at its U.S. chicken and pork businesses, according to a securities filing on Thursday. The meat company, which has large operations in the United States aside from Brazil and Australia, reported a net profit of 563.2 million reais ($144.43 million), reversing a 451.7 million reais loss in the 2017 fourth quarter. JBS said the price of pork in the United States, and more significantly the performance of its Pilgrim's Pride Co division, affected its operating performance and margins.

  • PR Newswire4 months ago

    JBS Couros creates new production model and launches a sustainable leather range

    SAO PAULO, March 21, 2019 /PRNewswire/ -- JBS Couros, the world's largest leather processing company, has unveiled a new concept of sustainable leather: the Kind Leather range. It is the result of two years' research and development driven by current and future consumer requirements. "Kind Leather will revolutionize the industry, changing the way leather is made globally and building a closer connection to consumers," said Roberto Motta, CEO of JBS Couros. Kind Leather also provides additional sustainability through its end-to-end traceability program, which gathers data throughout the leather production chain. JBS Couros is the industry's only company offering this level of production chain visibility, at large scale, combining a robust leather traceability program with a modern monitoring system that verifies more than 80,000 cattle suppliers in Brazil, ensuring they comply with social and environmental standards.

  • Associated Press4 months ago

    Pilgrim's Pride shareholders can pursue Moy Park deal suit

    A Delaware judge has refused to dismiss a shareholder lawsuit over poultry company Pilgrim's Pride's $1.3 billion acquisition of U.K. poultry producer Moy Park, which was a wholly owned subsidiary of Pilgrim's ...