Banco Bradesco S.A. ADR (NYSE:BBD) has a beta value of 0.73 and has seen 4.6 million shares traded in the recent trading session. The company, currently valued at $15.99B, closed the recent trade at $42070000.0 per share which meant it gained $42069996.97 on the day or 4603686% during that session. The BBD stock price is 100.0% off its 52-week high price of $3.12 and 100.0% above the 52-week low of $1.75. If we look at the company’s 10-day average daily trading volume, we find that it stood at 39.2 million shares traded. The 3-month trading volume is 42.07 million shares.
The consensus among analysts is that Banco Bradesco S.A. ADR (BBD) is Buy stock at the moment, with a recommendation rating of 2.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.
Banco Bradesco S.A. ADR (NYSE:BBD) trade information
Over the past 30 days, the shares of Banco Bradesco S.A. ADR (NYSE:BBD) have changed 10.04%. Short interest in the company has seen 107.98 million shares shorted with days to cover at 2.29.
Wall Street analysts have a consensus price target for the stock at $3.2, which means that the shares’ value could drop -1314687400.0% from the levels at last check today.. The projected low price target is $3.2 while the price target rests at a high of $3.2. In that case, then, we find that the latest price level in today’s session is 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..
Banco Bradesco S.A. ADR (BBD) estimates and forecasts
The company’s shares have gained 58.57% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -10.85% over the past 5 years. Earnings growth for 2025 is a modest 23.25% while over the next 5 years, the company’s earnings are expected to increase by 16.23%.
BBD Dividends
Banco Bradesco S.A. ADR is expected to release its next earnings report on 2025-May-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.05 at a share yield of 1.55%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.43%.
Banco Bradesco S.A. ADR (NYSE:BBD)’s Major holders
Insiders own 0.02% of the company shares, while shares held by institutions stand at 22.00% with a share float percentage of 22.00%. Investors are also buoyed by the number of investors in a company, with Banco Bradesco S.A. ADR having a total of 339.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 73.39 million shares worth more than $164.38 million. As of 2024-06-30, BLACKROCK INC. held 0.6909% of shares outstanding.
The other major institutional holder is SPRUCEGROVE INVESTMENT MANAGEMENT LTD, with the holding of over 72.74 million shares as of 2024-06-30. The firm’s total holdings are worth over $162.94 million and represent 0.6849% of shares outstanding.
