With 19.97 million shares changed hands, the volume of the stock remained lighter than its average volume of 27.0 million shares. The 52-week range on ITUB shows that it touched its highest point at $6.37 and its lowest point at $4.37 during that stretch. It currently has a 1-year price target of $6.41. With its current market cap of 32.59 billion, ITUB has annualized dividend of $0.04 while the current yield stands at 0.59%. Beta for the stock currently stands at 0.75.
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 ITUB was down-trending over the past week, with a drop of -0.97%, but this was up by 8.08% over a month. Three-month performance surged to 18.77% while six-month performance rose 12.70%. The stock gained 15.48% in the past year, while it has gained 38.01% so far this year. A look at the trailing 12-month EPS for ITUB yields 0.70 with Next year EPS estimates of 0.81. For the next quarter, that number is 0.18. This implies an EPS growth rate of 11.10% for this year and 8.48% for next year. EPS is expected to grow by 9.09% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.98%.
Float and Shares Shorts:
At present, 5.30 billion ITUB shares are outstanding with a float of 5.27 billion shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ITUB since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.15412 being high and $3.68087 being low. For ITUB, this leads to a yearly average estimate of $3.99637.
