The price-to-earnings ratio for Banco Bradesco S.A. ADR (NYSE: BBD) is 11.00x, which is above its average ratio. Moreover, the 36-month beta value for BBD is 1.03. Analysts have varying opinions 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 BBD is 5.30B and currently, short sellers hold a 0.32% of that float. On May 07, 2024, BBD’s average trading volume was 17.23M shares.
BBD) stock’s latest price update
The stock price of Banco Bradesco S.A. ADR (NYSE: BBD) has plunged by 0.00 when compared to previous closing price of 2.72, but the company has seen a -0.96% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-03 that Banco Bradesco S.A. (NYSE:BBD ) Q1 2024 Results Conference Call May 2, 2024 8:30 AM ET Company Participants Marcelo Noronha – CEO Andre Carvalho – IR Ivan Gontijo – Presidente do Grupo Bradesco Seguros Cassiano Scarpelli – Director Vice President Andre Rodrigues Cano – Executive Vice President at Banco Bradesco Conference Call Participants Renato Meloni – Autonomous Brian Flores – Citi Jorge Kuri – Morgan Stanley Mario Pierry – Bank of America Thiago Bovolenta Batista – UBS Tito Labarta – Goldman Sachs Eduardo Rosman – BTG Eduardo Nishio – Genial Investimentos Pedro Leduc – Itau BBA Paulo Gomes – HSBC Marcelo Noronha Hello.
BBD’s Market Performance
Banco Bradesco S.A. ADR (BBD) has experienced a -0.96% fall in stock performance for the past week, with a -4.77% drop in the past month, and a -12.86% drop in the past quarter. The volatility ratio for the week is 2.56%, and the volatility levels for the past 30 days are at 2.25% for BBD. The simple moving average for the past 20 days is -0.09% for BBD’s stock, with a -7.80% simple moving average for the past 200 days.
BBD Trading at -2.28% from the 50-Day Moving Average
After a stumble in the market that brought BBD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.21% of loss for the given period.
Volatility was left at 2.25%, however, over the last 30 days, the volatility rate increased by 2.56%, as shares sank -6.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.16% lower at present.
During the last 5 trading sessions, BBD fell by -1.09%, which changed the moving average for the period of 200-days by -21.61% in comparison to the 20-day moving average, which settled at $2.72. In addition, Banco Bradesco S.A. ADR saw -21.89% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BBD
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 1.0 for the gross margin
The net margin for Banco Bradesco S.A. ADR stands at 0.07. The total capital return value is set at 0.0. Equity return is now at value 8.07, with 0.70 for asset returns.
Based on Banco Bradesco S.A. ADR (BBD), the company’s capital structure generated 0.79 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 3.85. The interest coverage ratio of the stock is 0.04.
Currently, EBITDA for the company is 4.09 billion with net debt to EBITDA at 35.35. When we switch over and look at the enterprise to sales, we see a ratio of 3.11. The receivables turnover for the company is 8.56for trailing twelve months and the total asset turnover is 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.46.
Conclusion
To wrap up, the performance of Banco Bradesco S.A. ADR (BBD) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
