In recent trading session, Itau Unibanco Holding S.A. ADR (NYSE:ITUB) saw 3.26 million shares changing hands at last check today with its beta currently measuring 0.96. Company’s recent per share price level of $5.33 trading at -$0.41 or -7.15% at last check today assigns it a market valuation of $25.82B. That most recent trading price of ITUB’s stock is at a discount of -33.02% from its 52-week high price of $7.09 and is indicating a discount of -4.5% from its 52-week low price of $5.57. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 19.72 million shares which gives us an average trading volume of 20.02 million if we extend that period to 3-months.
For Itau Unibanco Holding S.A. ADR (ITUB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.2 in the current quarter.
Itau Unibanco Holding S.A. ADR (NYSE:ITUB) trade information
Upright in the red during last session for losing -7.15%, in the last five days ITUB remained trading in the red while hitting it’s week-highest on Tuesday, 11/26/24 when the stock touched $5.33 price level, adding 11.9% to its value on the day. Itau Unibanco Holding S.A. ADR’s shares saw a change of -21.27% in year-to-date performance and have moved -9.05% in past 5-day. Itau Unibanco Holding S.A. ADR (NYSE:ITUB) showed a performance of -13.16% in past 30-days. Number of shares sold short was 11.87 million shares which calculate 0.57 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 23.86% to its recent value today. Analysts have been projecting 4.5 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would jump 15.57% in reaching the projected high whereas dropping to the targeted low would mean a gain of 15.57% for stock’s current value.
Itau Unibanco Holding S.A. ADR (ITUB) estimates and forecasts
Statistics highlight that Itau Unibanco Holding S.A. ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -9.41% of value to its shares in past 6 months, showing an annual growth rate of 6.85% while that of industry is 4.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 7.02% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 43.7B for the same. And 3 analysts are in estimates of company making revenue of 43.68B in the next quarter. Company posted 36.9B and 40.4B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -0.71% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 7.96% while estimates for its earnings growth in next 5 years are of 9.90%.
ITUB Dividends
Itau Unibanco Holding S.A. ADR is more likely to be releasing its next quarterly report in December and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 4.12%, the share has a forward dividend of 0.22 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.11%.
Itau Unibanco Holding S.A. ADR (NYSE:ITUB)’s Major holders
SCHRODER INVESTMENT MANAGEMENT GROUP is the top institutional holder at ITUB for having 85.63 million shares of worth $500.09 million. And as of 2024-06-30, it was holding 0.8698 of the company’s outstanding shares.
The second largest institutional holder is WESTWOOD GLOBAL INVESTMENTS, LLC, which was holding about 59.44 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.6038 of outstanding shares, having a total worth of $347.13 million.
On the other hand, New World Fund, Inc. and Hartford/Schroders Emerging Markets Equity Fd are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 23.45 shares of worth $125.71 million or 0.48% of the total outstanding shares. The later fund manager was in possession of 15.49 shares on Jul 31, 2024 , making its stake of worth around $83.05 million in the company or a holder of 0.32% of company’s stock.
