In the last trading session, 39.04 million Banco Bradesco S.A. ADR (NYSE:BBD) shares changed hands as the company’s beta touched 0.99. With the company’s per share price at $2.64 changed hands at -$0.02 or -0.75% during last session, the market valuation stood at $13.98B. BBD’s last price was a discount, traded about -29.17% off its 52-week high of $3.41. The share price had its 52-week low at $2.15, which suggests the last value was 18.56% up since then. When we look at Banco Bradesco S.A. ADR’s average trading volume, we note the 10-day average is 28.91 million shares, with the 3-month average coming to 29.56 million.

Analysts gave the Banco Bradesco S.A. ADR (BBD) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 1 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended BBD as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Banco Bradesco S.A. ADR’s EPS for the current quarter is expected to be 0.09.

Banco Bradesco S.A. ADR (NYSE:BBD) trade information

However, in the 30-day time frame, Banco Bradesco S.A. ADR (NYSE:BBD) is 2.72% up. Looking at the short shares, we see there were 15.77 million shares sold at short interest cover period of 0.46 days.

The consensus price target for the stock as assigned by Wall Street analysts is 3.2, meaning bulls need an upside of 17.5% from its current market value. According to analyst projections, BBD’s forecast low is 3.2 with 3.2 as the target high. To hit the forecast high, the stock’s price needs a -21.21% plunge from its current level, while the stock would need to soar -21.21% for it to hit the projected low.

Banco Bradesco S.A. ADR (BBD) estimates and forecasts

Data shows that the Banco Bradesco S.A. ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 3.10% over the past 6 months, a 16.67% in annual growth rate that is considerably higher than the industry average of 5.60%. Year-over-year growth is forecast to reach 12.10% up from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 5.32B. 2 analysts are of the opinion that Banco Bradesco S.A. ADR’s revenue for the current quarter will be 5.68B. The company’s revenue for the corresponding quarters a year ago was 4.38B and 5.21B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 21.40%. The estimates for the next quarter sales put growth at 9.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -11.30%. The 2024 estimates are for Banco Bradesco S.A. ADR earnings to increase by 7.97%, but the outlook for the next 5-year period is at 25.80% per year.

BBD Dividends

Banco Bradesco S.A. ADR is expected to release its next quarterly earnings report in November. The 1.76% annual yield figure for the share gives it an annual dividend of 0.05. It is important to note, however, that the 1.76% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 4.0 per year.

SPRUCEGROVE INVESTMENT MANAGEMENT LTD holds the second largest percentage of outstanding shares, with 0.685% or 72.74 million shares worth $162.94 million as of 2024-06-30.