EBR stock: buy or sell?

EBR stock price: $9.62 -5.50% At close on September 20th, 2019

Updated on:
September 20th, 2019

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Shares of Centrais Electricas Brasileiras S.A.- Eletrobras ended today at $9.62 and plummed a chilling -5.50%. Friday was the 3rd red session in a row, sliding in full a -10.89%.

Centrais Elétricas Brasileiras S.A. - Eletrobras, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil.

Should I buy EBR stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Centrais Electricas Brasileiras S.A.- Eletrobras stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Centrais Electricas Brasileiras S.A.- Eletrobras stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for EBR stock for the last 30 days.

EBR stock analysis

Daily outlook

Shares of Centrais Electricas Brasileiras S.A.- Eletrobras closed today at $9.62 and plummed a chilling -5.50%.

Centrais Electricas Brasileiras S.A.- Eletrobras closed today at $9.62 and plummed a chilling -5.50%. In this session, Centrais Electricas Brasileiras S.A.- Eletrobras stock crossed down the SMA100d line. If you are using SMA100d line as stop loss trigger, double check your position in this stock. Since SMA50d and SMA100d crossed up on July, EBR price slid a -3.32%.

EBR stock chart (daily)

Weekly outlook

Centrais Electricas Brasileiras S.A.- Eletrobras plummed a spooky -8.82% this week. By mid August EBR boosted an exceptional 5.77% in just one week.

Centrais Electricas Brasileiras S.A.- Eletrobras is sliding further to find new supports after falling under the support. Since SMA20d and SMA40w crossed up early December, EBR price climbed $3.44 per share (55.66%). Since price and SMA40w lines crossed up early October, EBR climbed $4.88 (102.95%).

EBR stock chart (weekly)

EBR stock price history

EBR IPO was on November 19th, 2008 at $5.67 per share1. Since then, EBR stock grew a 69.70%, with an average of 7.00% per year. If you had invested $1,000 in EBR stock in 2008, it would worth $697.00 today.

1: Adjusted price after possible price splits or reverse-splits.

EBR stock historical price chart

EBR stock reached 52-week highs on August/23 at $11.69, and all-time highs 2010-01-22 with a price of 12.58.

EBR stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price prediction for Centrais Electricas Brasileiras S.A.- Eletrobras stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on March, Centrais Electricas Brasileiras S.A.- Eletrobras . As soon as we get its posted EPS from the earnings report, we will update this review.
EBR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-05-07n/an/an/a
2018-Q12018-05-16n/a0.01n/a
2018-Q22018-08-15n/a0.58n/a
2018-Q32019-01-01n/an/an/a
2018-Q42019-03-27n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a bloodcurdling decrease of -34.06% to $24,975.70 M USD. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) skyrocketed a 57.76% to 53.10%.

EBR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$23,840 M-$-6,190.00 M-26.0%-
2014$30,138 M26.42%$-6,226.21 M-20.7%0.58%
2015$32,181 M6.78%$-11,405.10 M-35.4%83.18%
2016$50,400 M56.62%$3,426 M6.8%-130.04%
2017$37,876 M-24.85%$-1,763.81 M-4.7%-151.48%
2018$24,976 M-34.06%$13,262 M53.1%-851.92%

Quarterly financial results

Centrais Electricas Brasileiras S.A.- Eletrobras reported $-3,129.64 million in revenues for 2018-Q4, a -143.32% less compared to previous quarter. Reported quarter earnings marked $12,032.10 million with a profit margin of -384.46%. Profit margin collapsed a -362.02% compared to previous quarter when profit margin was -22.44%. When comparing revenues to same quarter last year, Centrais Electricas Brasileiras S.A.- Eletrobras sales marked a frightening decrease and plummed a -128.38%. Looking back to recent quarterly results, Centrais Electricas Brasileiras S.A.- Eletrobras posted 2 negative quarters in a row.
EBR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$8,970 M-$1,390 M15.5%-
2017-Q2$9,090 M1.34%$306 M3.4%-78.01%
2017-Q3$2,811 M-69.08%$170 M6.0%-44.40%
2017-Q4$11,029 M292.39%$-4,001 M-36.3%-2,454.15%
2018-Q1$8,582 M-22.19%$32 M0.4%-100.80%
2018-Q2$12,299 M43.32%$2,820 M22.9%8,756.51%
2018-Q3$7,224 M-41.26%$-1,621 M-22.4%-157.50%
2018-Q4$-3,130 M-143.32%$12,032 M-384.5%-842.19%

Centrais Electricas Brasileiras S.A.- Eletrobras ownership

When you are planning to invest in shares of a stock, it's always worth to review its ownership structure.

Centrais Electricas Brasileiras S.A.- Eletrobras shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.00% of all shares.

In case of Centrais Electricas Brasileiras S.A.- Eletrobras stock, 0.68% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for EBR stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Centrais Electricas Brasileiras S.A.- Eletrobras:

EBRAACIGCPLDUK
Market cap$13.0 B$4.1 B$5.0 B$9.1 B$68.8 B
Total shares1,350.0 M185.6 M1,460.0 M576.1 M728.6 M
Float shares498.3 M185.0 M1,130.0 M93.9 M727.6 M
  - Institutional holdings (%)0.7%0.0%10.2%5.2%61.7%
  - Insider holdings (%)0.0%6.1%0.0%28.4%0.1%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

EBR summary

Friday, September 20th, 2019
Open$9.89
Close$9.62
Day range$9.58 - $10.02
Previous close$10.18
Session gain-5.50%
Average true range$0.43
50d mov avg$10.55
100d mov avg$9.62
200d mov avg$8.98
Daily pattern
Weekly pattern lt01c

Centrais Electricas Brasileiras S.A.- Eletrobras performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We picked Alcoa, , CPFL Energia, Duke Energy, Consolidated Edison, , FirstEnergy, NextEra Energy and as the bechmarking frame for Centrais Electricas Brasileiras S.A.- Eletrobras stock.
Stock3m6m12m
EBR6.89%13.31%150.52%
AAAlcoa-2.92%-21.98%-49.90%
CIG-10.26%-0.87%95.98%
CPLCPFL Energia1.93%3.32%37.83%
DUKDuke Energy6.66%6.42%23.52%
EDConsolidated Edis...3.87%10.08%22.23%
ELP-2.35%34.59%139.27%
FEFirstEnergy9.35%15.40%33.19%
NEENextEra Energy8.97%17.36%35.02%
PBR-11.82%-7.03%28.65%

Centrais Electricas Brasileiras S.A.- Eletrobras competitors

One check before investing in any stock is to have a look a list of its competitors, in this case for Centrais Electricas Brasileiras S.A.- Eletrobras. We picked 9 companies as Centrais Electricas Brasileiras S.A.- Eletrobras competitors as they are in the same industry or have similar market objectives.