|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||12.22 - 12.50|
|52 Week Range||10.76 - 16.80|
|Beta (5Y Monthly)||0.44|
|PE Ratio (TTM)||4.92|
|Forward Dividend & Yield||1.15 (9.34%)|
|Ex-Dividend Date||May 20, 2022|
|1y Target Est||N/A|
Rating Action: Moody's assigns Baa3 rating to JBS USA proposed notesGlobal Credit Research - 19 Aug 2022New York, August 19, 2022 -- Moody's Investors Service ("Moody's") assigned a Baa3 rating to the proposed senior unsecured notes that will be co-issued by JBS USA Lux S.A. ("JBS USA"), along with wholly owned subsidiaries JBS USA Finance, Inc. ("JBS USA Finance") and JBS USA Food Company ("JBS USA Food") in exchange for existing notes issued by JBS USA Food Company (originally issued by JBS Finance Luxembourg S.à r.l.). The co-issuers are indirect wholly owned subsidiaries of Brazil-based JBS S.A. (JBS, Baa3 stable).The proposed notes will be guaranteed by JBS S.A., JBS USA Holding Lux S.à r.l.
JBS S.A. (the "Company" or "JBS" – B3: JBSS3; OTCQX: JBSAY), communicates to its shareholders and to the market that Michael Koenig has been named the Company's Chief Ethics and Compliance Officer. Since August 2021, Koenig served as the Head of Ethics and Compliance for Pilgrim's. He previously spent nearly 25 years as an attorney defending companies, individual executives and public officials in criminal, civil and regulatory investigations, and trials. Koenig was also a federal prosecutor at
JBS SA, the world's largest meatpacker, is bullish on the outlook for beef sales to Asian countries, mainly China, as per-capita beef consumption in the region remains low. Speaking on a conference call to discuss second-quarter results, Chief Executive Gilberto Tomazoni said JBS, with its many export platforms, was in a good position to cater to that demand. "The rise in beef imports is structural in Asia given the improvement in (consumers') purchasing power," Tomazoni said.