Banco Bradesco S.A. ADR (BBD) Stock Price and Analyst Predictions

Banco Bradesco S.A. ADR (NYSE: BBD) has a price-to-earnings ratio that is above its average at 7.79x. The stock has a 36-month beta value of 0.94. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 0 as “sell.”

The public float for BBD is 5.30B, and at present, short sellers hold a 0.42% of that float. On December 09, 2024, the average trading volume of BBD was 32.13M shares.

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BBD) stock’s latest price update

The stock of Banco Bradesco S.A. ADR (NYSE: BBD) has decreased by -3.30 when compared to last closing price of 2.12. Despite this, the company has experienced a -3.76% fall in its stock price over the last five trading sessions. reuters.com reported 2024-11-29 that Brazilian President Luiz Inacio Lula da Silva nominated Nilton David, head trader at Bradesco bank, to serve as the next monetary policy director at the central bank starting in January, the institution said on Friday.

BBD’s Market Performance

Banco Bradesco S.A. ADR (BBD) has seen a -3.76% fall in stock performance for the week, with a -14.94% decline in the past month and a -27.72% plunge in the past quarter. The volatility ratio for the week is 2.44%, and the volatility levels for the past 30 days are at 2.55% for BBD. The simple moving average for the last 20 days is -9.79% for BBD stock, with a simple moving average of -19.16% for the last 200 days.

Analysts’ Opinion of BBD

Goldman, on the other hand, stated in their research note that they expect to see BBD reach a price target of $3.20, previously predicting the price at $2.50. The rating they have provided for BBD stocks is “Buy” according to the report published on August 19th, 2024.

BBD Trading at -17.14% 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 -39.88% of loss for the given period.

Volatility was left at 2.55%, however, over the last 30 days, the volatility rate increased by 2.44%, as shares sank -13.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.22% lower at present.

During the last 5 trading sessions, BBD fell by -3.76%, which changed the moving average for the period of 200-days by -27.56% in comparison to the 20-day moving average, which settled at $2.27. In addition, Banco Bradesco S.A. ADR saw -38.85% 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:

  • 0.29 for the present operating margin

The net margin for Banco Bradesco S.A. ADR stands at 0.14. The total capital return value is set at 0.02. Equity return is now at value 8.73, with 0.74 for asset returns.

Based on Banco Bradesco S.A. ADR (BBD), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.43. The debt to equity ratio resting at 2.32. The interest coverage ratio of the stock is 0.2.

When we switch over and look at the enterprise to sales, we see a ratio of 3.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.41.

Conclusion

To sum up, Banco Bradesco S.A. ADR (BBD) 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.

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