Following A -6.51% Weekly Decline, Is It Still A Buy For Itau Unibanco Holding S.A. ADR (NYSE: ITUB)?

IPW

Itau Unibanco Holding S.A. ADR (NYSE:ITUB)’s traded shares stood at 18.21 million during the last session, with the company’s beta value hitting 0.94. At the close of trading, the stock’s price was $6.03, to imply a decrease of -0.33% or -$0.02 in intraday trading. The ITUB share’s 52-week high remains $7.21, putting it -19.57% down since that peak but still an impressive 22.72% since price per share fell to its 52-week low of $4.66. The company has a valuation of $29.22B, with an average of 17.73 million shares over the past 3 months.

Itau Unibanco Holding S.A. ADR (NYSE:ITUB) trade information

After registering a -0.33% downside in the last session, Itau Unibanco Holding S.A. ADR (ITUB) has traded red over the past five days. The stock hit a weekly high of 6.38, dropping -0.33% in its intraday price action. The 5-day price performance for the stock is -6.51%, and -11.81% over 30 days. With these gigs, the year-to-date price performance is -12.48%.

Itau Unibanco Holding S.A. ADR (ITUB) estimates and forecasts

Looking at statistics comparing Itau Unibanco Holding S.A. ADR share performance against respective industry, we note that the company has outperformed competitors. Itau Unibanco Holding S.A. ADR (ITUB) shares are 13.30% up over the last 6 months, with its year-to-date growth rate higher than industry average at 12.33% against 1.70%.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -0.71% for the past 5-year period. While 2024 is set for a 19.12% return in earnings, projections for the next 5 years are at 9.60% annually.

ITUB Dividends

Itau Unibanco Holding S.A. ADR has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Itau Unibanco Holding S.A. ADR has a forward dividend ratio of 0.09, with the share yield ticking at 1.53% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.