Itau Unibanco Holding S.A. ADR (NYSE:ITUB) price on Wednesday, May 09, rose 0.15% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $6.54.
A look at the stock’s price movement, the close in the last trading session was $6.53. The PE ratio in trailing twelve months stood at 9.72. Turning to its 52-week performance, $7.21 and $4.88 were the 52-week high and 52-week low respectively. Overall, ITUB moved -2.91% over the past month.
Itau Unibanco Holding S.A. ADR’s market cap currently stands at around $31.69 billion. The company has a Forward Dividend ratio of 0.09, with its dividend yield at 1.41%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 8B for the company’s revenue for the quarter, with a low and high estimate of 8B and 8B respectively. The average forecast suggests up to a 2.00% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 33.48B, representing a 6.60% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ITUB is a Hold. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
The technical evaluation for the stock shows the PEG ratio is 1.01, with ITUB’s current price about 5.21% and -0.28% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.39, while 7-day volatility ratio is 1.99% and 2.19% in the 30-day chart. Further, Itau Unibanco Holding S.A. ADR (ITUB) has a beta value of 0.99, and an average true range (ATR) of 0.15.
If we refocus on Itau Unibanco Holding S.A. ADR (NYSE:ITUB), historical trading data shows that trading volumes averaged 16.81 million over the past 3 months. The company’s latest data on shares outstanding shows there are 4.85 billion shares.
The 0.59% of Itau Unibanco Holding S.A. ADR’s shares are in the hands of company insiders while institutional holders own 17.65% of the company’s shares. Current price change has pushed the stock -5.03% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ITUB stock continues to rise going into the next quarter.
