While Itau Unibanco Holding S.A. ADR has underperformed by -1.85%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ITUB fell by -13.91%, with highs and lows ranging from $7.01 to $4.86, whereas the simple moving average fell by -1.44% in the last 200 days.
On January 17, 2025, UBS Upgraded Itau Unibanco Holding S.A. ADR (NYSE: ITUB) to Buy. A report published by HSBC Securities on January 13, 2025, Upgraded its rating to ‘Buy’ for ITUB. BofA Securities January 16, 2024d its ‘Neutral’ rating to ‘Buy’ for ITUB, as published in its report on January 16, 2024. Jefferies also rated the stock as ‘Hold’.
Analysis of Itau Unibanco Holding S.A. ADR (ITUB)
ITUB currently pays a dividend of $0.04 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -16.99%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Itau Unibanco Holding S.A. ADR’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 20.84% is sufficient for you to turn a profit off your investment.
An average volume of 26.76M can be a very valuable indicator of volatility for ITUB stock. On a monthly basis, the volatility of the stock is set at 2.04%, whereas on a weekly basis, it is put at 2.60%, with a gain of 0.91% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.50, showing growth from the present price of $5.85, which can serve as yet another indication of whether ITUB is worth investing in or should be passed over.
How Do You Analyze Itau Unibanco Holding S.A. ADR Shares?
The Brazil based company Itau Unibanco Holding S.A. ADR (ITUB) is one of the biggest names in Banks – Regional. When comparing Itau Unibanco Holding S.A. ADR shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 7.56, there is a growth in quarterly earnings of 4.86%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.59%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 19.19% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ITUB shares are owned by institutional investors to the tune of 19.19% at present.
