Itau Unibanco Holding S.A. ADR (NYSE: ITUB)’s stock price has gone decline by -0.09 in comparison to its previous close of 6.94, however, the company has experienced a 1.65% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-26 that Itau Unibanco (ITUB) benefits from steady growth in asset management and credit operations. However, rising expenses, weak credit quality and intense competition are major headwinds.
Is It Worth Investing in Itau Unibanco Holding S.A. ADR (NYSE: ITUB) Right Now?
The price-to-earnings ratio for Itau Unibanco Holding S.A. ADR (NYSE: ITUB) is above average at 10.30x. The 36-month beta value for ITUB is also noteworthy at 0.90. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for ITUB is 4.82B, and at present, short sellers hold a 0.60% of that float. The average trading volume of ITUB on April 01, 2024 was 16.46M shares.
ITUB’s Market Performance
ITUB’s stock has seen a 1.65% increase for the week, with a -0.33% drop in the past month and a -0.65% fall in the past quarter. The volatility ratio for the week is 1.33%, and the volatility levels for the past 30 days are at 1.52% for Itau Unibanco Holding S.A. ADR. The simple moving average for the past 20 days is 1.39% for ITUB’s stock, with a 15.10% simple moving average for the past 200 days.
Analysts’ Opinion of ITUB
Jefferies gave a rating of “Hold” to ITUB, setting the target price at $6.10 in the report published on October 16th of the previous year.
ITUB Trading at 2.35% from the 50-Day Moving Average
After a stumble in the market that brought ITUB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.90% of loss for the given period.
Volatility was left at 1.52%, however, over the last 30 days, the volatility rate increased by 1.33%, as shares surge +1.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.90% upper at present.
During the last 5 trading sessions, ITUB rose by +0.87%, which changed the moving average for the period of 200-days by +23.31% in comparison to the 20-day moving average, which settled at $6.88. In addition, Itau Unibanco Holding S.A. ADR saw 0.58% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ITUB
Current profitability levels for the company are sitting at:
- 0.35 for the present operating margin
- 1.0 for the gross margin
The net margin for Itau Unibanco Holding S.A. ADR stands at 0.17. The total capital return value is set at 0.04. Equity return is now at value 18.71, with 1.37 for asset returns.
Based on Itau Unibanco Holding S.A. ADR (ITUB), the company’s capital structure generated 0.81 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 4.3. The interest coverage ratio of the stock is 0.52.
Currently, EBITDA for the company is 6.68 billion with net debt to EBITDA at 13.38. When we switch over and look at the enterprise to sales, we see a ratio of 6.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.
Conclusion
In summary, Itau Unibanco Holding S.A. ADR (ITUB) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
