Stock of the Day: Will Fibria Celulose SA (ADR) Short Squeeze Soon?

Stock of the Day: Will Fibria Celulose SA (ADR) Short Squeeze Soon?

The stock of Fibria Celulose SA (ADR) (NYSE:FBR) is a huge mover today! About 323,929 shares traded hands. Fibria Celulose SA (ADR) (NYSE:FBR) has declined 23.80% since March 4, 2016 and is downtrending. It has underperformed by 31.84% the S&P500.
The move comes after 9 months negative chart setup for the $3.98B company. It was reported on Oct, 7 by Barchart.com. We have $6.70 PT which if reached, will make NYSE:FBR worth $238.80 million less.

Analysts await Fibria Celulose SA (ADR) (NYSE:FBR) to report earnings on October, 28. They expect $0.10 earnings per share, up 183.33% or $0.22 from last year’s $-0.12 per share. FBR’s profit will be $55.82M for 17.83 P/E if the $0.10 EPS becomes a reality. After $0.38 actual earnings per share reported by Fibria Celulose SA (ADR) for the previous quarter, Wall Street now forecasts -73.68% negative EPS growth.

Fibria Celulose SA (ADR) (NYSE:FBR) Ratings Coverage

Out of 4 analysts covering Fibria Celulose (NYSE:FBR), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. Fibria Celulose has been the topic of 6 analyst reports since July 24, 2015 according to StockzIntelligence Inc. On Friday, October 9 the stock rating was upgraded by Citigroup to “Buy”. Zacks downgraded the shares of FBR in a report on Monday, August 10 to “Buy” rating. The rating was upgraded by Morgan Stanley on Friday, July 24 to “Equal Weight”. Goldman Sachs initiated the shares of FBR in a report on Monday, December 14 with “Neutral” rating. The firm has “Neutral” rating given on Thursday, July 21 by Bank of America.

According to Zacks Investment Research, “Fibria Celulose S.A., is a Brazil-based paper product company which produces bleached eucalyptus pulp exclusively from renewable plantations, which is mainly targeted to the main consumer markets and is also used for their own manufacturing of paper products. The Company’s paper products can be divided into three major categories: uncoated and coated printing and writing papers; carbonless papers and thermal papers. Coated printing and writing paper is used for promotional materials, folders, internal sheets and cover of magazines, books, tabloids, inserts and mailing. Uncoated printing and writing paper is used in reels, sheets and cut-size designed for maximum performance in photocopying machines and laser and inkjet printers, and alkaline offset paper. Carbonless paper is used in producing multi-copy forms for credit card receipts, invoices and other applications. Thermal paper is used in fax machines, supermarket receipts, bar code labels, toll tickets and receipts for automated teller machines.”

Insitutional Activity: The institutional sentiment decreased to 0.89 in 2016 Q2. Its down 0.24, from 1.13 in 2016Q1. The ratio dropped, as 35 funds sold all Fibria Celulose SA (ADR) shares owned while 39 reduced positions. 20 funds bought stakes while 46 increased positions. They now own 33.90 million shares or 18.52% more from 28.60 million shares in 2016Q1.
Signaturefd Ltd holds 0% or 680 shares in its portfolio. The Texas-based Bridgeway Mgmt has invested 0.01% in Fibria Celulose SA (ADR) (NYSE:FBR). Goldman Sachs Gru last reported 30,144 shares in the company. Westport Res holds 1,168 shares or 0% of its portfolio. X Mngmt Ltd Liability Company holds 16,729 shares or 0.01% of its portfolio. Dimensional Fund Ltd Partnership holds 0.02% of its portfolio in Fibria Celulose SA (ADR) (NYSE:FBR) for 5.90M shares. Hanson And Doremus Investment Mngmt reported 1,009 shares or 0% of all its holdings. Gsa Prtn Ltd Liability Partnership accumulated 0.05% or 63,105 shares. State Street Corporation accumulated 358,475 shares or 0% of the stock. Citigroup has 0% invested in the company for 356,765 shares. Manufacturers Life Ins The owns 16,366 shares or 0% of their US portfolio. The Japan-based Mitsubishi Ufj Trust Banking has invested 0% in Fibria Celulose SA (ADR) (NYSE:FBR). Pvg Asset Mgmt last reported 184,168 shares in the company. Trexquant Investment Lp holds 49,001 shares or 0.08% of its portfolio. Susquehanna Gru Llp reported 39,953 shares or 0% of all its holdings.

Insider Transactions: Since May 19, 2016, the stock had 2 buys, and 0 insider sales for $467,941 net activity. On Thursday, May 19 the insider TONKEL J ROCK JR bought $216,425. BILLINGS ERIC F also bought $251,516 worth of Fibria Celulose SA (ADR) (NYSE:FBR) on Friday, June 3.

Another recent and important Fibria Celulose SA (ADR) (NYSE:FBR) news was published by Quotes.Wsj.com which published an article titled: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011.

FBR Company Profile

Fibria Celulose S.A. (Fibria), incorporated on July 25, 1941, is a pulp and paper producer. The Company’s activities are focused on the renewable and sustainable forests and the manufacture and sale of bleached eucalyptus kraft pulp. Forests in formation are located in the states of Sao Paulo, Mato Grosso do Sul, Minas Gerais, Rio de Janeiro, Espirito Santo, Bahia and Rio Grande do Sul. The Company’s segment is engaged in the production and sale of short fiber pulp from its pulp production facilities located in the cities of Aracruz (State of Espírito Santo), Tres Lagoas (State of Mato Grosso do Sul), Jacareí (State of Sao Paulo) and Veracel (State of Bahia). The Firm has approximately 970 thousand hectares (owned and leased, excluding the forestry partnership program areas, the forest base linked to the sale of forest assets in Southern Bahia State and Losango) located in over seven Brazilian states. Approximately 570 thousand hectares of its total forestry land consisted of planted areas, approximately 340 thousand hectares of conservation areas with native vegetation, or preserved areas, and over 60 thousand hectares related to other uses, such as roads. The Firm produces bleached eucalyptus kraft pulp at three pulp mills, which include Aracruz mill, Tres Lagoas pulp mill and Jacarei pulp mill.

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