Itau Unibanco Holding S.A. [ITUB] is -40.97% lower this YTD. Is it still time to buy?

Itau Unibanco Holding S.A. [NYSE: ITUB] traded at a low on 11/11/20, posting a -1.67 loss after which it closed the day’ session at $5.30. The company report on November 4, 2020 that Itau Unibanco Holding S.A. – ADR to Host Earnings Call.

Itau Unibanco Holding S.A. – ADR (NYSE:ITUB) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on November 4, 2020 at 8:30 AM Eastern Time.

To listen to the event live or access a replay of the call – visit

The results of the trading session contributed to over 49052113 shares changing hands. Over the past one week, the price volatility of Itau Unibanco Holding S.A. stands at 3.96% while the volatility over the past one month is 3.68%.

The market cap for ITUB stock reached $48.84 billion, with 9.76 billion shares outstanding and 5.30 billion shares in the current float. Compared to the average trading volume of 32.03M shares, ITUB reached a trading volume of 49052113 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Itau Unibanco Holding S.A. [ITUB]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ITUB shares is $6.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ITUB stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Itau Unibanco Holding S.A. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 15, 2020. The new note on the price target was released on April 06, 2020, representing the official price target for Itau Unibanco Holding S.A. stock.

The Average True Range (ATR) for Itau Unibanco Holding S.A. is set at 0.22, with the Price to Sales ratio for ITUB stock in the period of the last 12 months amounting to 2.08. The Price to Book ratio for the last quarter was 2.10, with the Price to Cash per share for the same quarter was set at 21.43. Price to Free Cash Flow for ITUB in the course of the last twelve months was 3.23.

How has ITUB stock performed recently?

Itau Unibanco Holding S.A. [ITUB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.28. With this latest performance, ITUB shares gained by 24.71% in over the last four-week period, additionally plugging by 36.91% over the last 6 months – not to mention a drop of -36.75% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ITUB stock in for the last two-week period is set at 71.34, with the RSI for the last a single of trading hit 77.51, and the three-weeks RSI is set at 67.37 for Itau Unibanco Holding S.A. [ITUB]. The present Moving Average for the last 50 days of trading for this stock 4.34, while it was recorded at 5.04 for the last single week of trading, and 4.93 for the last 200 days.

Itau Unibanco Holding S.A. [ITUB]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Itau Unibanco Holding S.A. [ITUB] shares currently have an operating margin of +16.48. Itau Unibanco Holding S.A.’s Net Margin is presently recorded at +13.29.

Return on Total Capital for ITUB is now 4.79, given the latest momentum, and Return on Invested Capital for the company is 8.08. Return on Equity for this stock inclined to 19.81, with Return on Assets sitting at 1.69. When it comes to the capital structure of this company, Itau Unibanco Holding S.A. [ITUB] has a Total Debt to Total Equity ratio set at 396.60. Additionally, ITUB Total Debt to Total Capital is recorded at 79.86, with Total Debt to Total Assets ending up at 33.03. Long-Term Debt to Equity for the company is recorded at 139.87, with the Long-Term Debt to Total Capital now at 28.17.

Reflecting on the efficiency of the workforce at the company, Itau Unibanco Holding S.A. [ITUB] managed to generate an average of $285,400 per employee.

Earnings analysis for Itau Unibanco Holding S.A. [ITUB]

With the latest financial reports released by the company, Itau Unibanco Holding S.A. posted 0.22/share EPS, while the average EPS was predicted by analysts to be reported at 0.18/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 22.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ITUB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Itau Unibanco Holding S.A. go to 1.50%.

Insider trade positions for Itau Unibanco Holding S.A. [ITUB]

There are presently around $5,498 million, or 22.50% of ITUB stock, in the hands of institutional investors. The top three institutional holders of ITUB stocks are: HARDING LOEVNER LP with ownership of 201,977,883, which is approximately 108.711% of the company’s market cap and around 52.10% of the total institutional ownership; SCHRODER INVESTMENT MANAGEMENT GROUP, holding 116,519,674 shares of the stock with an approximate value of $628.04 million in ITUB stocks shares; and INVESCO LTD., currently with $487.14 million in ITUB stock with ownership of nearly 3.865% of the company’s market capitalization.

Positions in Itau Unibanco Holding S.A. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 148 institutional holders increased their position in Itau Unibanco Holding S.A. [NYSE:ITUB] by around 203,689,237 shares. Additionally, 137 investors decreased positions by around 248,073,620 shares, while 39 investors held positions by with 568,321,800 shares. The mentioned changes placed institutional holdings at 1,020,084,657 shares, according to the latest SEC report filing. ITUB stock had 49 new institutional investments in for a total of 23,217,589 shares, while 45 institutional investors sold positions of 86,406,899 shares during the same period.

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