In the latest trading session, 9.84 million Itau Unibanco Holding S.A. ADR (NYSE:ITUB) shares changed hands as the company’s beta touched 0.95. With the company’s most recent per share price at $5.90 changing hands around $0.05 or 0.85% at last look, the market valuation stands at $28.59B. ITUB’s current price is a discount, trading about -18.81% off its 52-week high of $7.01. The share price had its 52-week low at $4.86, which suggests the last value was 17.63% up since then. When we look at Itau Unibanco Holding S.A. ADR’s average trading volume, we note the 10-day average is 24.59 million shares, with the 3-month average coming to 27.23 million.
Analysts gave the Itau Unibanco Holding S.A. ADR (ITUB) 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 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended ITUB as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight.
Itau Unibanco Holding S.A. ADR (NYSE:ITUB) trade information
Instantly ITUB is in green as seen in intraday trades today. With action 4.29%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 19.08%, with the 5-day performance at 4.29% in the green. However, in the 30-day time frame, Itau Unibanco Holding S.A. ADR (NYSE:ITUB) is 21.21% up. Looking at the short shares, we see there were 27.58 million shares sold at short interest cover period of 0.96 days.
The consensus price target for the stock as assigned by Wall Street analysts is 6.8, meaning bulls need an upside of 13.24% from its recent market value. According to analyst projections, ITUB’s forecast low is 6.8 with 6.8 as the target high. To hit the forecast high, the stock’s price needs a -15.25% plunge from its current level, while the stock would need to soar -15.25% for it to hit the projected low.
Itau Unibanco Holding S.A. ADR (ITUB) estimates and forecasts
Data shows that the Itau Unibanco Holding S.A. ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 4.86% over the past 6 months, a 4.11% in annual growth rate that is considerably lower than the industry average of 5.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.71%. The 2025 estimates are for Itau Unibanco Holding S.A. ADR earnings to increase by 4.88%, but the outlook for the next 5-year period is at 8.56% per year.
ITUB Dividends
Itau Unibanco Holding S.A. ADR is expected to release its next quarterly earnings report in March. The 3.68% annual yield figure for the share gives it an annual dividend of 0.22. It is important to note, however, that the 3.68% 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 3.13 per year.
Itau Unibanco Holding S.A. ADR (NYSE:ITUB)’s Major holders
WESTWOOD GLOBAL INVESTMENTS, LLC holds the second largest percentage of outstanding shares, with 0.6038% or 59.44 million shares worth $347.13 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were Fidelity Series Emerging Markets Opportunities Fund and New World Fund, Inc. With 35.16 shares estimated at $207.47 million under it, the former controlled 0.73% of total outstanding shares. On the other hand, New World Fund, Inc. held about 0.43% of the shares, roughly 20.72 shares worth around $122.25 million.
