The stock of Itau Unibanco Holding S.A. ADR (NYSE: ITUB) has decreased by -0.15 when compared to last closing price of 6.49. Despite this, the company has experienced a -6.49% fall in its stock price over the last five trading sessions. 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?
Itau Unibanco Holding S.A. ADR (NYSE: ITUB) has a higher price-to-earnings ratio of 9.63x compared to its average ratio. ITUB has 36-month beta value of 0.92. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 1 as “sell.”
The public float for ITUB is 4.82B, and currently, short sellers hold a 0.60% ratio of that float. The average trading volume of ITUB on April 08, 2024 was 16.78M shares.
ITUB’s Market Performance
ITUB stock saw a decrease of -6.49% in the past week, with a monthly decline of -5.32% and a quarterly a decrease of -2.59%. The volatility ratio for the week is 2.67%, and the volatility levels for the last 30 days are 1.81% for Itau Unibanco Holding S.A. ADR (ITUB). The simple moving average for the last 20 days is -4.67% for ITUB stock, with a simple moving average of 7.14% for the last 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 -4.45% 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 -10.14% of loss for the given period.
Volatility was left at 1.81%, however, over the last 30 days, the volatility rate increased by 2.67%, as shares sank -5.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.77% lower at present.
During the last 5 trading sessions, ITUB fell by -6.49%, which changed the moving average for the period of 200-days by +8.36% in comparison to the 20-day moving average, which settled at $6.81. In addition, Itau Unibanco Holding S.A. ADR saw -5.95% in overturn over a single year, with a tendency to cut further losses.
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 6.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.
Conclusion
To put it simply, Itau Unibanco Holding S.A. ADR (ITUB) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
