On November 20, 2023, Banco Bradesco S.A. ADR (NYSE: BBD) opened at $3.16, higher 1.58% from the last session. During the day, the shares moved up to $3.215 and dropped to $3.155 before settling in for the closing price of $3.16. Price fluctuations for BBD have ranged from $2.29 to $3.62 over the past 52 weeks.
During the last 5-year period, the sales drop of Financial Sector giant was -1.44%. Company’s average yearly earnings per share was noted -4.79% at the time writing. With a float of $5.31 billion, this company’s outstanding shares have now reached $5.31 billion.
Let’s determine the extent of company efficiency that accounts for 88381 employees.
Banco Bradesco S.A. ADR (BBD) Insider Activity
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Banco Bradesco S.A. ADR is 0.00%, while institutional ownership is 17.67%.
Banco Bradesco S.A. ADR (BBD) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/29/2023, the company posted $0.09 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.09) by $0. This company achieved a net margin of +6.53 while generating a return on equity of 13.74. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.60% during the next five years compared to -2.37% drop over the previous five years of trading.
Banco Bradesco S.A. ADR (NYSE: BBD) Trading Performance Indicators
Check out the current performance indicators for Banco Bradesco S.A. ADR (BBD). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.27. Likewise, its price to free cash flow for the trailing twelve months is 0.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.25, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.45 in one year’s time.
Technical Analysis of Banco Bradesco S.A. ADR (BBD)
Looking closely at Banco Bradesco S.A. ADR (NYSE: BBD), its last 5-days average volume was 11.29 million, which is a drop from its year-to-date volume of 25.36 million. As of the previous 9 days, the stock’s Stochastic %D was 92.91%. Additionally, its Average True Range was 0.08.
During the past 100 days, Banco Bradesco S.A. ADR’s (BBD) raw stochastic average was set at 54.50%, which indicates a significant decrease from 98.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.75% in the past 14 days, which was lower than the 33.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.93, while its 200-day Moving Average is $2.99. However, in the short run, Banco Bradesco S.A. ADR’s stock first resistance to watch stands at $3.23. Second resistance stands at $3.25. The third major resistance level sits at $3.29. If the price goes on to break the first support level at $3.17, it is likely to go to the next support level at $3.13. Should the price break the second support level, the third support level stands at $3.11.
Banco Bradesco S.A. ADR (NYSE: BBD) Key Stats
There are currently 10,658,488K shares outstanding in the company with a market cap of 17.05 billion. Presently, the company’s annual sales total 46,549 M according to its annual income of 4,065 M. Last quarter, the company’s sales amounted to 10,652 M and its income totaled 696,700 K.