Market Momentum: Banco Bradesco S.A. ADR (BBD) Registers a -2.28 Decrease, Closing at 2.57

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Banco Bradesco S.A. ADR (NYSE: BBD) closed the day trading at $2.57 down -2.28% from the previous closing price of $2.63. In other words, the price has decreased by -$2.28 from its previous closing price. On the day, 49.97 million shares were traded. BBD stock price reached its highest trading level at $2.606 during the session, while it also had its lowest trading level at $2.56.

Ratios:

For a better understanding of BBD, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 4.04 whereas as Long-Term Debt/Eq ratio is at 1.83.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on August 19, 2024, Upgraded its rating to Buy and sets its target price to $3.20 from $2.50 previously.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BBD now has a Market Capitalization of 27363817472 and an Enterprise Value of 460796231680. As of this moment, Banco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.46, and their Forward P/E ratio for the next fiscal year is 6.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 6.628.

Stock Price History:

Over the past 52 weeks, BBD has reached a high of $3.41, while it has fallen to a 52-week low of $2.15. The 50-Day Moving Average of the stock is -1.10%, while the 200-Day Moving Average is calculated to be -4.54%.

Shares Statistics:

Over the past 3-months, BBD traded about 24.72M shares per day on average, while over the past 10 days, BBD traded about 35133690 shares per day. A total of 5.31B shares are outstanding, with a floating share count of 5.30B. Insiders hold about 0.00% of the company’s shares, while institutions hold 16.56% stake in the company. Shares short for BBD as of 1724976000 were 28411098 with a Short Ratio of 1.15, compared to 1722384000 on 45550032. Therefore, it implies a Short% of Shares Outstanding of 28411098 and a Short% of Float of 0.54.

Dividends & Splits

BBD’s forward annual dividend rate is 0.01, up from 0.057 a year ago. Against a Trailing Annual Dividend Yield of 0.021673003The stock’s 5-year Average Dividend Yield is 3.96.

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