A new trading day began on May 19, 2023, with Itau Unibanco Holding S.A. (NYSE: ITUB) stock priced at $5.32, down -1.66% from the previous day of trading. During the day, the shares moved up to $5.36 and dropped to $5.29 before settling in for the closing price of $5.43. ITUB’s price has ranged from $3.71 to $5.85 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 5.50%. Meanwhile, its annual earnings per share averaged 10.70%. With a float of $5.25 billion, this company’s outstanding shares have now reached $9.79 billion.
Let’s determine the extent of company efficiency that accounts for 100600 employees.
Itau Unibanco Holding S.A. (ITUB) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of Itau Unibanco Holding S.A. is 52.10%, while institutional ownership is 18.10%.
Itau Unibanco Holding S.A. (ITUB) Recent Fiscal highlights
In its latest quarterly report, released on 3/30/2023, the company reported earnings of $0.17 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +11.36 while generating a return on equity of 18.52. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.25% during the next five years compared to 5.00% growth over the previous five years of trading.
Itau Unibanco Holding S.A. (NYSE: ITUB) Trading Performance Indicators
Here are Itau Unibanco Holding S.A.’s current performance indicators. According to the last quarter’s results, the stock had a price to sales ratio for the trailing twelve months stands at 1.17. Likewise, its price to free cash flow for the trailing twelve months is 1.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.62, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.79 in one year’s time.
Technical Analysis of Itau Unibanco Holding S.A. (ITUB)
Looking closely at Itau Unibanco Holding S.A. (NYSE: ITUB), its last 5-days average volume was 19.36 million, which is a drop from its year-to-date volume of 29.84 million. As of the previous 9 days, the stock’s Stochastic %D was 66.71%. Additionally, its Average True Range was 0.14.
During the past 100 days, Itau Unibanco Holding S.A.’s (ITUB) raw stochastic average was set at 83.97%, which indicates a significant increase from 70.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.36% in the past 14 days, which was lower than the 41.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.94, while its 200-day Moving Average is $5.04. However, in the short run, Itau Unibanco Holding S.A.’s stock first resistance to watch stands at $5.37. Second resistance stands at $5.40. The third major resistance level sits at $5.44. If the price goes on to break the first support level at $5.30, it is likely to go to the next support level at $5.26. Now, if the price goes above the second support level, the third support stands at $5.23.
Itau Unibanco Holding S.A. (NYSE: ITUB) Key Stats
With a market capitalization of 49.42 billion, the company has a total of 9,800,000K Shares Outstanding. Currently, annual sales are 54,889 M while annual income is 5,753 M. The company’s previous quarter sales were 14,573 M while its latest quarter income was 1,416 M.
