Itau Unibanco Holding S.A. ADR (NYSE: ITUB) on November 20, 2023, started off the session at the price of $6.24, soaring 1.93% from the previous trading day. During the day, the shares moved up to $6.35 and dropped to $6.23 before settling in for the closing price of $6.21. Within the past 52 weeks, ITUB’s price has moved between $4.05 and $6.26.
A company in the Financial sector has dropped its sales by -2.25% annually for the last half of the decade. The company achieved an average annual earnings per share of 27.61%. With a float of $4.81 billion, this company’s outstanding shares have now reached $4.85 billion.
Itau Unibanco Holding S.A. ADR (ITUB) Insider and Institutional Ownership
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Itau Unibanco Holding S.A. ADR is 0.59%, while institutional ownership is 17.25%.
Itau Unibanco Holding S.A. ADR (ITUB) Latest Financial update
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported $0.19 earnings per share (EPS) for the period topping the consensus outlook (set at $0.19) by $0. 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 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.50% during the next five years compared to -4.65% drop over the previous five years of trading.
Itau Unibanco Holding S.A. ADR (NYSE: ITUB) Trading Performance Indicators
Itau Unibanco Holding S.A. ADR (ITUB) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.64, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 0.81 in one year’s time.
Technical Analysis of Itau Unibanco Holding S.A. ADR (ITUB)
Let’s dig in a bit further. During the last 5-days, its volume was 13.22 million. That was inferior than the volume of 22.88 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 91.02%. Additionally, its Average True Range was 0.14.
During the past 100 days, Itau Unibanco Holding S.A. ADR’s (ITUB) raw stochastic average was set at 98.37%, which indicates a significant increase from 98.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.14% in the past 14 days, which was lower than the 27.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.56, while its 200-day Moving Average is $5.37. However, in the short run, Itau Unibanco Holding S.A. ADR’s stock first resistance to watch stands at $6.38. Second resistance stands at $6.42. The third major resistance level sits at $6.50. If the price goes on to break the first support level at $6.26, it is likely to go to the next support level at $6.18. The third support level lies at $6.14 if the price breaches the second support level.
Itau Unibanco Holding S.A. ADR (NYSE: ITUB) Key Stats
Market capitalization of the company is 30.65 billion based on 9,800,000K outstanding shares. Right now, sales total 54,889 M and income totals 5,753 M. The company made 16,421 M in profit during its latest quarter, and 1,712 M in sales during its previous quarter.