During the recent session, Itau Unibanco Holding S.A. ADR (NYSE:ITUB)’s traded shares were 8.02 million, with the beta value of the company hitting 0.93. At the last check today, the stock’s price was $6.26, reflecting an intraday gain of 2.54% or $0.15. The 52-week high for the ITUB share is $7.21, that puts it down -15.18 from that peak though still a striking 25.56% gain since the share price plummeted to a 52-week low of $4.66. The company’s market capitalization is $30.36B, and the average trade volume was 17.60 million shares over the past three months.
Itau Unibanco Holding S.A. ADR (NYSE:ITUB) trade information
Itau Unibanco Holding S.A. ADR (ITUB) registered a 2.54% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.54% in intraday trading to $6.26, hitting a weekly high. The stock’s 5-day price performance is 3.55%, and it has moved by -9.68% in 30 days. Based on these gigs, the overall price performance for the year is 30.80%.
Itau Unibanco Holding S.A. ADR (ITUB) estimates and forecasts
Statistics show that Itau Unibanco Holding S.A. ADR has outperformed its competitors in share price, compared to the industry in which it operates. Itau Unibanco Holding S.A. ADR (ITUB) shares have gone up 18.59% during the last six months, with a year-to-date growth rate more than the industry average at 12.33% against 1.50. In the rating firms’ projections, revenue will increase 6.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 8.08B as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 8.33B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 7.41B and 7.85B respectively. In this case, analysts expect current quarter sales to grow by 9.10% and then jump by 6.10% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -0.71%. While earnings are projected to return 19.31% in 2024, the next five years will return 9.60% per annum.
ITUB Dividends
Itau Unibanco Holding S.A. ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Itau Unibanco Holding S.A. ADR is 0.22, with the dividend yield indicating at 3.56 percent, continuing the trend of increasing dividends in recent years.
