Banco Santander (Brasil) S.A. (NYSE: BSBR) stock fell -4.09% on Monday to $5.39 against a previous-day closing price of $5.62. With 2.49 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.64 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $5.52 whereas the lowest price it dropped to was $5.36. The 52-week range on BSBR shows that it touched its highest point at $7.75 and its lowest point at $4.76 during that stretch. It currently has a 1-year price target of $6.16. With its current market cap of 20.15 billion, BSBR has annualized dividend of $0.57 while the current yield stands at 10.67%. Beta for the stock currently stands at 0.80.
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 BSBR was down-trending over the past week, with a drop of -8.02%, but this was up by 2.28% over a month. Three-month performance dropped to -9.22% while six-month performance rose 10.18%. A look at the trailing 12-month EPS for BSBR yields 0.39 with Next year EPS estimates of 0.75. For the next quarter, that number is 0.14. This implies an EPS growth rate of 15.70% for this year and 2.70% for next year. EPS is expected to grow by 2.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 16.40%.
Float and Shares Shorts:
At present, 7.44 billion BSBR shares are outstanding with a float of 3.27 billion shares on hand for trading. On Oct 13, 2022, short shares totaled 2.66 million, which was 0.04% higher than short shares on Sep 14, 2022. In addition to Mr. Sergio Agapito Lires Rial as the firm’s Pres, Chairman of Directors & Member of the Board of Exec. Officers, Mr. Mario Roberto Opice Leao serves as its CEO, Director & Member of the Board of Exec. Officers.
Through their ownership of 0.61% of BSBR’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 0.33% of BSBR, in contrast to 0.28% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in BSBR with 0.16% of the stake, Invesco Capital Management LLC holds 5,823,584 shares worth 5,823,584. A second-largest stockholder of BSBR, Macquarie Investment Management B, holds 3,974,552 shares, controlling over 0.11% of the firm’s shares. The Vanguard Group, Inc. is the third largest shareholder in BSBR, holding 3,101,965 shares or 0.08% stake. With a 0.19% stake in BSBR, the Invesco International Dividend Ac is the largest stakeholder. A total of 7,113,225 shares are owned by the mutual fund manager. The Delaware Emerging Markets Fund, which owns about 0.08% of BSBR stock, is the second-largest Mutual Fund holder. It holds 3,051,128 shares valued at 16.45 million. LUX IM – ESG Global Emerging Equi holds 0.01% of the stake in BSBR, owning 398,099 shares worth 2.15 million.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BSBR since 14 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 4 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 1 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BSBR analysts setting a high price target of $8.98 and a low target of $4.88, the average target price over the next 12 months is $6.50. Based on these targets, BSBR could surge 66.6% to reach the target high and fall by -9.46% to reach the target low. Reaching the average price target will result in a growth of 20.59% 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. BSBR will report FY 2022 earnings on 01/31/2024. Analysts have provided yearly estimates in a range of $0.73 being high and $0.68 being low. For BSBR, this leads to a yearly average estimate of $0.71. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Banco Santander (Brasil) S.A. surprised analysts by -$0.03 when it reported $0.16 EPS against a consensus estimate of $0.19. The surprise factor in the prior quarter was $0.00. Based on analyst estimates, the high estimate for the next quarter is $0.16 and the low estimate is $0.11. The average estimate for the next quarter is thus $0.14.