Itau Unibanco Holding S.A. ADR (NYSE: ITUB) has a price-to-earnings ratio that is above its average at 9.44x. The stock has a 36-month beta value of 0.92. Opinions on the stock are mixed, 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 at present, short sellers hold a 0.43% of that float. On April 15, 2024, the average trading volume of ITUB was 16.94M shares.
ITUB) stock’s latest price update
Itau Unibanco Holding S.A. ADR (NYSE: ITUB)’s stock price has decreased by -1.55 compared to its previous closing price of 6.45. However, the company has seen a -2.01% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-11 that Investors looking for stocks in the Banks – Foreign sector might want to consider either KB Financial (KB) or Banco Itau (ITUB). But which of these two stocks presents investors with the better value opportunity right now?
ITUB’s Market Performance
Itau Unibanco Holding S.A. ADR (ITUB) has experienced a -2.01% fall in stock performance for the past week, with a -8.98% drop in the past month, and a -6.22% drop in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are at 1.85% for ITUB. The simple moving average for the past 20 days is -5.54% for ITUB’s stock, with a 4.67% 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 -6.43% 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 -11.94% of loss for the given period.
Volatility was left at 1.85%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares sank -8.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.79% lower at present.
During the last 5 trading sessions, ITUB fell by -2.01%, 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 $6.71. In addition, Itau Unibanco Holding S.A. ADR saw -7.84% 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 6.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.
Conclusion
To sum up, Itau Unibanco Holding S.A. ADR (ITUB) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
