Banco Bradesco S.A. ADR (NYSE: BBD) is -20.76% lower on its value in year-to-date trading and has touched a low of $2.15 and a high of $3.41 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BBD stock was last observed hovering at around $2.71 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $2.66, the stock is -3.17% and 1.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 34.21 million and changing -1.85% at the moment leaves the stock -0.78% off its SMA200. BBD registered 2.12% gain for a year compared to 6-month gain of -1.67%. The firm has a 50-day simple moving average (SMA 50) of $2.6386 and a 200-day simple moving average (SMA200) of $2.7547.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -4.66% loss in the last 1 month and extending the period to 3 months gives it a 21.28%, and is 3.50% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.09% over the week and 2.15% over the month.
Banco Bradesco S.A. ADR (BBD) has around 86222 employees, a market worth around $14.09B and $59.68B in sales. Current P/E ratio is 10.83 and Fwd P/E is 6.26. Profit margin for the company is 4.37%. Distance from 52-week low is 23.53% and -22.10% from its 52-week high. The company has generated returns on investments over the last 12 months (3.11%).
with sales reaching $5.41B over the same period.The EPS is expected to grow by 8.40% this year, but quarterly earnings will post 13.50% year-over-year. Quarterly sales are estimated to grow 23.30% in year-over-year returns.
Banco Bradesco S.A. ADR (BBD) Top Institutional Holders
The shares outstanding are 5.31B, and float is at 5.30B with Short Float at 0.41%.
The top institutional shareholder in the company is BLACKROCK INC. with over 73.39 million shares valued at $164.38 million. The investor’s holdings represent 0.691% of the BBD Shares outstanding. As of 2024-06-30, the second largest holder is SPRUCEGROVE INVESTMENT MANAGEMENT LTD with 72.74 million shares valued at $162.94 million to account for 0.685 of the shares outstanding. The other top investors are FISHER ASSET MANAGEMENT, LLC which holds 63.6 million shares representing 0.5989% and valued at over $142.47 million, while CAUSEWAY CAPITAL MANAGEMENT LLC holds 0.478 of the shares totaling 50.76 million with a market value of $113.7 million.
Banco Bradesco S.A. ADR (BBD) Insider Activity
#####
