With 18.34 million shares changed hands, the volume of the stock remained lighter than its average volume of 30.14 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $2.39 whereas the lowest price it dropped to was $2.36. The 52-week range on BBD shows that it touched its highest point at $3.41 and its lowest point at $2.15 during that stretch. It currently has a 1-year price target of $4.50. With its current market cap of 12.60 billion, BBD has annualized dividend of $0.04 while the current yield stands at 1.64%. BBD paid its most recent dividend on 1730764800, while the ex-dividend date for that was 1733270400. Beta for the stock currently stands at 1.00.
Price Performance and Earnings:
Three-month performance dropped to -16.38% while six-month performance fell -1.50%. The stock lost -19.80% in the past year, while it has lost -29.00% so far this year. A look at the trailing 12-month EPS for BBD yields 0.26 with Next year EPS estimates of 0.40. For the next quarter, that number is 0.09. This implies an EPS growth rate of 6.69% for this year and 25.79% for next year. EPS is expected to grow by 25.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -11.30%.
Float and Shares Shorts:
At present, 5.31 billion BBD shares are outstanding with a float of 5.30 billion shares on hand for trading. On 2024-10-31, short shares totaled 17.95 million, which was 17.0 higher than short shares on 1727654400. In addition to Mr. Marcelo de Araujo Noronha as the firm’s CEO & Member of Executive Board, Mr. Cassiano Ricardo Scarpelli serves as its CFO, Executive VP of Director & Member of Executive Board.
Institutional Ownership:
Through their ownership of 0.19975 of BBD’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BBD since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 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. With BBD analysts setting a high price target of 4.5 and a low target of 2.9, the average target price over the next 12 months is 3.31667. Based on these targets, BBD could surge 89.08% to reach the target high and rise by 21.85% to reach the target low. Reaching the average price target will result in a growth of 39.36% from current levels.
Analysts have provided yearly estimates in a range of $1.6557 being high and $1.47174 being low. For BBD, this leads to a yearly average estimate of $1.56372.
