A major move is in the offing as Banco Bradesco S.A. ADR (BBD) market cap hits 11.28 billion

On Friday, Banco Bradesco S.A. ADR (NYSE: BBD) opened lower -5.75% from the last session, before settling in for the closing price of $2.26. Price fluctuations for BBD have ranged from $2.15 to $3.41 over the past 52 weeks.

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During the last 5-year period, the sales growth of Financial Sector giant was 1.67%. Company’s average yearly earnings per share was noted 6.45% at the time writing. With a float of $5.30 billion, this company’s outstanding shares have now reached $5.31 billion.

Let’s determine the extent of company efficiency that accounts for 86222 employees. In terms of profitability, gross margin is 128.11%, operating margin of 0.63%, and the pretax margin is 5.97%.

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 17.75%.

Banco Bradesco S.A. ADR (BBD) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.08 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.09) by -0.02. 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 6.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.80% during the next five years compared to -11.30% 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 0.20. Likewise, its price to free cash flow for the trailing twelve months is 0.36.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.40 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 38.37 million, which is a jump from its year-to-date volume of 22.42 million. As of the previous 9 days, the stock’s Stochastic %D was 16.18%. Additionally, its Average True Range was 0.07.

During the past 100 days, Banco Bradesco S.A. ADR’s (BBD) raw stochastic average was set at 11.70%, which indicates a significant decrease from 26.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.33% in the past 14 days, which was higher than the 32.05% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.53, while its 200-day Moving Average is $2.60. However, in the short run, Banco Bradesco S.A. ADR’s stock first resistance to watch stands at $2.19. Second resistance stands at $2.24. The third major resistance level sits at $2.33. If the price goes on to break the first support level at $2.05, it is likely to go to the next support level at $1.96. Should the price break the second support level, the third support level stands at $1.91.

Banco Bradesco S.A. ADR (NYSE: BBD) Key Stats

There are currently 10,658,490K shares outstanding in the company with a market cap of 11.28 billion. Presently, the company’s annual sales total 48,856 M according to its annual income of 2,855 M. Last quarter, the company’s sales amounted to 11,055 M and its income totaled 877,990 K.