Traders Focused Stock: Banco Bradesco SA (BBD)

Banco Bradesco Sa (NYSE:BBD) shares traded on -1.98% below secure line and closed at $8.93.

Keep in mind you can't always rely on price-to-earnings ratios as the be-all-end-all yardstick in determining whether a company's stock is expensive. The consensus mean EPS for the current quarter is at $0.21 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. The business is expected to announce its next quarterly earnings report on Thursday, April 26th. Recently, analysts have updated the overall rating to 2.25. The stock had a trading volume of 12,584,017 shares, compared to its average volume of 9,210,533. However the company reported $0.22 earnings per share for the same quarter during past year. Banco Bradesco had a return on equity of 17.01% and a net margin of 10.82%.

Past 5 years growth of BBD observed at -0.97%, and for the next five years the analysts that follow this company is expecting its growth at 19.80%.

TG Therapeutics, Inc. analysts gave 3 buy-equivalent recommendations, 0 sells and 0 holds. On Thursday, January 18 the rating was upgraded by Citigroup to "Buy". JPMorgan Chase raised shares of Banco Bradesco from a "neutral" rating to an "overweight" rating in a research report on Monday, January 22nd. ValuEngine raised shares of Banco Bradesco from a "buy" rating to a "strong-buy" rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company.

The analysts, on average, are forecasting a $15.59 price target, but the individual stock is already up 64.92% from its recent lows. Shares of BBD moved downward with change of -10.92% to its 50-day Moving average. The firm has a market cap of $73,629.40, a PE ratio of 11.16, a PEG ratio of 0.60 and a beta of 1.83.

Banco Bradesco S.A. (BBD) stock price performed at a change of -7.46% from 20 day SMA and stands at a distance of -12.38% away from 50 day SMA. Shareholders of record on Tuesday, June 5th will be paid a dividend of 0.0048 per share by the bank on Tuesday, July 10th. That represents a quarterly year/year change in revenues of -0.24 in sequential terms, the BBD saw sales decline by -0.09.

Banco Bradesco S.A. (BBD) stock price rose 8.39 percent over the past one year, while increased 5.92 percent during the past 6 months. Stifel Financial Corp grew its stake in Banco Bradesco by 69.1% during the 3rd quarter. Quantitative Systematic Strategies LLC acquired a new position in Banco Bradesco during the 4th quarter valued at about $151,000. Finally, Deltec Asset Management LLC grew its stake in Banco Bradesco by 7.9% during the 4th quarter. For example, if stock's weekly and monthly performances are positive as compared to year and YTD performance percentage also seems to decrease in comparison to the previous year performance, then one can say that the stock is bouncing back and may able to gain more and more in near future and vice versa. The stock exchanged hands 11.32 Million shares versus average trading capacity of 8.74 Million shares. As the earnings per share (EPS) formula is stated as earnings available to common shareholders divided by number of common stock shares outstanding, therefore its diluted EPS is calculated to be 0.90 (ttm). If you are viewing this report on another site, it was stolen and reposted in violation of United States and worldwide trademark and copyright law.

Currently Banco Bradesco Sa (NYSE:BBD)'s shares owned by insiders are 0%, whereas shares owned by institutional owners are 24.76%.

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