BrasilAgro Receives Stock Rating Downgrade Amidst Market Performance

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas, also referred to by its stock ticker NYSE:LND, experienced a significant change in stock ratings as analysts at StockNews.com adjusted their stance on the company's shares. The adjustment was characterized by a downgrade from a 'hold' rating to a 'sell' rating, as published in a recent report. Meanwhile, TheStreet, another financial analysis entity, provided a contrasting perspective by upgrading BrasilAgro from a 'c' rating to a 'b' rating in a separate report published on September 29th.

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas Stock Performance

The opening price of NYSE:LND on the report's release day was $4.91. BrasilAgro's stock performance shows a fifty-day moving average of $5.41 and a two-hundred-day moving average of $5.14, reflecting a trend of price movement. With a debt-to-equity ratio of 0.28, a quick ratio of 1.45, and a current ratio of 2.14, the company's financial position illustrates its capability to satisfy its short-term obligations. The current market capitalization stands at approximately $504.16 million, alongside a price-to-earnings (P/E) ratio of 8.93, and a beta value of 0.86, pointing to its volatility in relation to the overall market. In terms of historical stock performance, the company experienced a 52-week low at $4.49 and peaked at a 52-week high of $6.07.

In their latest quarterly earnings report, dated September 6th, BrasilAgro announced an earnings per share (EPS) of $0.48. The agricultural company not only showcased a substantial return on equity of 13.15% but also demonstrated a healthy net margin of 19.94%. Revenue for the quarter was reported at $127.61 million.

Institutional Trading of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas

The makeup of BrasilAgro’s shareholders has seen recent adjustments, with new stakes and changes in holdings by a variety of institutional investors. Notably, BlackRock Inc. acquired new shares valued at $46,000 during the first quarter. Likewise, Raymond James & Associates and UBS Group AG initiated positions, valuing $58,000 and $63,000 respectively, in consecutive quarters. Sentinus LLC joined the shareholder list with an investment of $67,000 in the first quarter. Moreover, Quadrant Capital Group LLC increased its stake in NYSE:LND by 54.4%, reaching an ownership of 13,537 shares valued at $70,000 after purchasing an additional 4,770 shares in the previous quarter.

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas Company Profile

BrasilAgro is a trailblazer in its domain, committed to the acquisition, development, exploration, and sale of rural properties suitable for various agricultural activities. The company's operations extend beyond Brazil, with international engagements, and are diversified across six segments: Real Estate, Grains, Sugarcane, Livestock, Cotton, and Other. The company has built a reputation for strategic asset management and development within the agricultural landscape.

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