Itau Unibanco Holding S.A. ADR (ITUB) is gearing up for another turning point as it hit the volume of 21.3 million

A new trading day began on Tuesday, with Itau Unibanco Holding S.A. ADR (NYSE: ITUB) stock price up 2.39% from the previous day of trading, before settling in for the closing price of $5.85. ITUB’s price has ranged from $5.57 to $7.09 over the past 52 weeks.

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Financial Sector giant saw their annual sales surged by 8.96% over the last five years. Meanwhile, its annual earnings per share averaged 8.44%. With a float of $4.82 billion, this company’s outstanding shares have now reached $4.85 billion.

The firm has a total of 95702 workers. Let’s measure their productivity. In terms of profitability, gross margin is 119.73%, operating margin of 19.28%, and the pretax margin is 18.1%.

Itau Unibanco Holding S.A. ADR (ITUB) Insider Activity

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. ADR is 0.59%, while institutional ownership is 18.96%.

Itau Unibanco Holding S.A. ADR (ITUB) Earnings and Forecasts

In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.18 per share, which was $0.1 lower 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). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.90% during the next five years compared to -0.71% drop over the previous five years of trading.

Itau Unibanco Holding S.A. ADR (NYSE: ITUB) Trading Performance Indicators

Here are Itau Unibanco Holding S.A. ADR’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44. Likewise, its price to free cash flow for the trailing twelve months is 1.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.82 in one year’s time.

Technical Analysis of Itau Unibanco Holding S.A. ADR (ITUB)

Analysing the last 5-days average volume posted by the [Itau Unibanco Holding S.A. ADR, ITUB], we can find that recorded value of 16.9 million was lower than the volume posted last year of 18.22 million. As of the previous 9 days, the stock’s Stochastic %D was 30.14%. Additionally, its Average True Range was 0.12.

During the past 100 days, Itau Unibanco Holding S.A. ADR’s (ITUB) raw stochastic average was set at 28.24%, which indicates a significant decrease from 28.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.23% in the past 14 days, which was lower than the 24.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.25, while its 200-day Moving Average is $6.36. Now, the first resistance to watch is $6.06. This is followed by the second major resistance level at $6.12. The third major resistance level sits at $6.20. If the price goes on to break the first support level at $5.92, it is likely to go to the next support level at $5.84. Should the price break the second support level, the third support level stands at $5.78.

Itau Unibanco Holding S.A. ADR (NYSE: ITUB) Key Stats

With a market capitalization of 29.02 billion, the company has a total of 9,800,867K Shares Outstanding. Currently, annual sales are 62,738 M while annual income is 6,631 M. The company’s previous quarter sales were 13,092 M while its latest quarter income was 1,869 M.