There is no doubt that Banco Bradesco S.A. (BBD) ticks all the boxes.

Banco Bradesco S.A. (NYSE: BBD) stock fell 0.00% on Friday to $3.80 against a previous-day closing price of $3.80. With 27.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 33.22 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $3.8300 whereas the lowest price it dropped to was $3.7600. The 52-week range on BBD shows that it touched its highest point at $4.31 and its lowest point at $2.93 during that stretch. It currently has a 1-year price target of $4.88. With its current market cap of 36.37 billion, BBD has annualized dividend of $0.12 while the current yield stands at 3.08%. Beta for the stock currently stands at 0.98.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BBD was up-trending over the past week, with a rise of 2.43%, but this was up by 21.53% over a month. Three-month performance dropped to -3.59% while six-month performance rose 3.24%. The stock lost -2.77% in the past year, while it has gained 23.09% so far this year. A look at the trailing 12-month EPS for BBD yields 0.94 with Next year EPS estimates of 0.58. For the next quarter, that number is 0.12. This implies an EPS growth rate of -24.70% for this year and 13.61% for next year. EPS is expected to grow by 1.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.70%.

Float and Shares Shorts:

At present, 9.69 billion BBD shares are outstanding with a float of 7.64 billion shares on hand for trading. On Jul 14, 2022, short shares totaled 31.92 million, which was 0.30% higher than short shares on Jun 14, 2022. In addition to Mr. Octavio de Lazari Jr., Junior as the firm’s CEO & Member of Exec. Board, Mr. Carlos Alberto Rodrigues Guilherme serves as its Vice Chairman & Sec.

Institutional Ownership:

Through their ownership of 17.92% of BBD’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 9.01% of BBD, in contrast to 7.45% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in BBD with 1.43% of the stake, Sprucegrove Investment Management holds 76,362,691 shares worth 76,362,691. A second-largest stockholder of BBD, Aberdeen Asset Managers Ltd., holds 75,200,212 shares, controlling over 1.41% of the firm’s shares. Baillie Gifford & Co. is the third largest shareholder in BBD, holding 55,142,399 shares or 1.03% stake. With a 0.61% stake in BBD, the Vanguard International Value Fund is the largest stakeholder. A total of 32,479,674 shares are owned by the mutual fund manager. The Templeton Emerging Markets Invest, which owns about 0.55% of BBD stock, is the second-largest Mutual Fund holder. It holds 29,158,318 shares valued at 96.81 million. Baillie Gifford Emerging Markets holds 0.37% of the stake in BBD, owning 19,950,608 shares worth 66.24 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BBD since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BBD analysts setting a high price target of $6.00 and a low target of $2.35, the average target price over the next 12 months is $4.45. Based on these targets, BBD could surge 57.89% to reach the target high and fall by -38.16% to reach the target low. Reaching the average price target will result in a growth of 17.11% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. BBD will report FY 2022 earnings on 02/02/2023. Analysts have provided yearly estimates in a range of $0.57 being high and $0.48 being low. For BBD, this leads to a yearly average estimate of $0.51. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Banco Bradesco S.A. surprised analysts by $0.00 when it reported $0.13 EPS against a consensus estimate of $0.12. The surprise factor in the prior quarter was $0.02. Based on analyst estimates, the high estimate for the next quarter is $0.13 and the low estimate is $0.12. The average estimate for the next quarter is thus $0.13.

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