Itau Unibanco Holding S.A. ADR (NYSE: ITUB) is -13.59% lower on its value in year-to-date trading and has touched a low of $5.57 and a high of $7.09 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 ITUB stock was last observed hovering at around $5.85 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $5.85, the stock is -3.06% and -6.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.07 million and changing 0.00% at the moment leaves the stock -6.99% off its SMA200. ITUB registered -2.43% loss for a year compared to 6-month gain of -3.15%. The firm has a 50-day simple moving average (SMA 50) of $6.2804 and a 200-day simple moving average (SMA200) of $6.3739.
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The stock witnessed a -5.45% loss in the last 1 month and extending the period to 3 months gives it a -11.51%, and is -1.85% down 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 1.04% over the week and 1.80% over the month.
Itau Unibanco Holding S.A. ADR (ITUB) has around 95702 employees, a market worth around $28.35B and $66.14B in sales. Current P/E ratio is 7.65 and Fwd P/E is 7.16. Profit margin for the company is 11.42%. Distance from 52-week low is 5.03% and -17.43% from its 52-week high. The company has generated returns on investments over the last 12 months (7.93%).
with sales reaching $43.7B over the same period.The EPS is expected to grow by 8.44% this year, but quarterly earnings will post 6.93% year-over-year. Quarterly sales are estimated to grow 18.44% in year-over-year returns.
Itau Unibanco Holding S.A. ADR (ITUB) Top Institutional Holders
The shares outstanding are 4.85B, and float is at 4.82B with Short Float at 0.50%.
The top institutional shareholder in the company is SCHRODER INVESTMENT MANAGEMENT GROUP with over 85.63 million shares valued at $500.09 million. The investor’s holdings represent 0.8698% of the ITUB Shares outstanding. As of 2024-06-30, the second largest holder is WESTWOOD GLOBAL INVESTMENTS, LLC with 59.44 million shares valued at $347.13 million to account for 0.6038 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 48.23 million shares representing 0.4899% and valued at over $281.64 million, while FISHER ASSET MANAGEMENT, LLC holds 0.4845 of the shares totaling 47.7 million with a market value of $278.57 million.
Itau Unibanco Holding S.A. ADR (ITUB) Insider Activity
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