During the last session, Banco Bradesco S.A. ADR (NYSE:BBD)’s traded shares were 23.51 million, with the beta value of the company hitting 0.99. The 52-week high for the BBD share is $3.41, that puts it down -32.68 from that peak though still a striking 16.34% gain since the share price plummeted to a 52-week low of $2.15. The company’s market capitalization is $13.61B, and the average intraday trading volume over the past 10 days was 27.2 million shares, and the average trade volume was 30.28 million shares over the past three months.

Banco Bradesco S.A. ADR (BBD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. BBD has a Sell rating from 1 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.09.

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

The stock’s 5-day price performance is -1.91%, and it has moved by -4.81% in 30 days. Based on these gigs, the overall price performance for the year is -1.12%. The short interest in Banco Bradesco S.A. ADR (NYSE:BBD) is 24.28 million shares and it means that shorts have 0.64 day(s) to cover.

The consensus price target of analysts on Wall Street is $3.2, which implies an increase of 19.69% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.2 and $3.2 respectively. As a result, BBD is trading at a discount of -24.51% off the target high and -24.51% off the low.

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

Statistics show that Banco Bradesco S.A. ADR has outperformed its competitors in share price, compared to the industry in which it operates. Banco Bradesco S.A. ADR (BBD) shares have gone down -1.85% during the last six months, with a year-to-date growth rate more than the industry average at 16.67% against 4.30. In the rating firms’ projections, revenue will increase 12.10% 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 5.32B as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 5.68B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.38B and 5.21B respectively. In this case, analysts expect current quarter sales to grow by 21.40% and then jump by 9.00% 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 -11.30%. While earnings are projected to return 8.23% in 2024, the next five years will return 25.80% per annum.

BBD Dividends

Banco Bradesco S.A. ADR is due to release its next quarterly earnings in November. 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 Banco Bradesco S.A. ADR is 0.04, with the dividend yield indicating at 1.55 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 4.0%.

The next largest institutional holding, with 72.74 million shares, is of SPRUCEGROVE INVESTMENT MANAGEMENT LTD’s that is approximately 0.685% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $162.94 million.