Itau Unibanco Holding S.A. ADR (NYSE: ITUB) is 12.29% higher on its value in year-to-date trading and has touched a low of $4.81 and a high of $6.73 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ITUB stock was last observed hovering at around $5.49 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $5.51, the stock is -4.55% and 1.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.93 million and changing 0.36% at the moment leaves the stock -5.92% off its SMA200. ITUB registered -17.66% loss for a year compared to 6-month loss of -15.79%.
The stock witnessed a -4.03% gain in the last 1 month and extending the period to 3 months gives it a -6.09%, and is -2.48% 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 1.99% over the week and 1.94% over the month.
Itau Unibanco Holding S.A. ADR (ITUB) has around 96705 employees, a market worth around $26.55B and $63.14B in sales. Current P/E ratio is 7.12 and Fwd P/E is 6.36. Profit margin for the company is 12.10%. Distance from 52-week low is 14.53% and -18.10% from its 52-week high. The company has generated returns on investments over the last 12 months (8.79%).
with sales reaching $43.18B over the same period.The EPS is expected to grow by 8.82% this year, but quarterly earnings will post 6.35% year-over-year. Quarterly sales are estimated to grow 6.88% in year-over-year returns.
Itau Unibanco Holding S.A. ADR (ITUB) Top Institutional Holders
The shares outstanding are 4.82B, and float is at 4.79B with Short Float at 0.68%.
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 0.8745% 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 0.607 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 48.23 million shares representing 0.4884% and valued at over $281.64 million, while FISHER ASSET MANAGEMENT, LLC holds 0.4871 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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Itau Unibanco Holding S.A. ADR (ITUB): Who are the competitors?
The company’s main competitors (and peers) include Credicorp Ltd. (BAP) that is trading 7.46% up over the past 12 months. Banco Santander S.A. ADR (SAN) that is 57.04% higher over the same period.
