The price-to-earnings ratio for Banco Bradesco S.A. ADR (NYSE: BBD) is above average at 10.57x. The 36-month beta value for BBD is also noteworthy at 0.99. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it as “sell.”
The public float for BBD is 5.30B, and at present, short sellers hold a 0.30% of that float. The average trading volume of BBD on October 11, 2024 was 28.42M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
BBD) stock’s latest price update
The stock price of Banco Bradesco S.A. ADR (NYSE: BBD) has dropped by -1.96 compared to previous close of 2.65. Despite this, the company has seen a fall of -4.84% in its stock price over the last five trading days. seekingalpha.com reported 2024-08-05 that Bradesco Q2: Results Impressed The Market, But The Stock Is Only Fairly Valued
BBD’s Market Performance
BBD’s stock has fallen by -4.84% in the past week, with a monthly drop of -6.55% and a quarterly rise of 12.15%. The volatility ratio for the week is 2.11% while the volatility levels for the last 30 days are 2.15% for Banco Bradesco S.A. ADR The simple moving average for the last 20 days is -3.45% for BBD’s stock, with a simple moving average of -2.04% for the last 200 days.
Analysts’ Opinion of BBD
Many brokerage firms have already submitted their reports for BBD stocks, with Goldman repeating the rating for BBD by listing it as a “Buy.” The predicted price for BBD in the upcoming period, according to Goldman is $3.20 based on the research report published on August 19, 2024 of the current year 2024.
BBD Trading at -4.59% 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 -23.91% of loss for the given period.
Volatility was left at 2.15%, however, over the last 30 days, the volatility rate increased by 2.11%, as shares sank -7.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.65% upper at present.
During the last 5 trading sessions, BBD fell by -4.76%, which changed the moving average for the period of 200-days by -26.35% in comparison to the 20-day moving average, which settled at $2.69. In addition, Banco Bradesco S.A. ADR saw -22.61% 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 0.05. The total capital return value is set at 0.0. Equity return is now at value 8.13, with 0.70 for asset returns.
Based on Banco Bradesco S.A. ADR (BBD), the company’s capital structure generated 0.8 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 3.99. The interest coverage ratio of the stock is 0.05.
Currently, EBITDA for the company is 4.09 billion with net debt to EBITDA at 28.43. When we switch over and look at the enterprise to sales, we see a ratio of 1.64. The receivables turnover for the company is 8.73for trailing twelve months and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
Conclusion
In summary, Banco Bradesco S.A. ADR (BBD) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
