Itau Unibanco Holding S.A. ADR [ITUB] is -21.37% lower this YTD. Is it still time to buy?

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Itau Unibanco Holding S.A. ADR [NYSE: ITUB] traded at a low on Friday, posting a -2.04 loss after which it closed the day’ session at $5.27.

The results of the trading session contributed to over 33085453 shares changing hands. Over the past one week, the price volatility of Itau Unibanco Holding S.A. ADR stands at 2.88% while the volatility over the past one month is 2.08%.

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The market cap for ITUB stock reached $25.54 billion, with 4.83 billion shares outstanding and 4.82 billion shares in the current float. Compared to the average trading volume of 22.96M shares, ITUB reached a trading volume of 33085453 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. ADR [ITUB]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ITUB shares is $7.50 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 1.00. 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.

UBS have made an estimate for Itau Unibanco Holding S.A. ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 22, 2024. The new note on the price target was released on June 17, 2024, representing the official price target for Itau Unibanco Holding S.A. ADR stock.

The Average True Range (ATR) for Itau Unibanco Holding S.A. ADR is set at 0.16, with the Price to Sales ratio for ITUB stock in the period of the last 12 months amounting to 0.39. The Price to Book ratio for the last quarter was 1.40. Price to Free Cash Flow for ITUB in the course of the last twelve months was 0.96.

How has ITUB stock performed recently?

Itau Unibanco Holding S.A. ADR [ITUB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.93. With this latest performance, ITUB shares dropped by -10.24% in over the last four-week period, additionally sinking by -6.61% over the last 6 months – not to mention a drop of -17.41% 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 35.81, with the RSI for the last a single of trading hit 32.76, and the three-weeks RSI is set at 34.82 for Itau Unibanco Holding S.A. ADR [ITUB]. The present Moving Average for the last 50 days of trading for this stock 5.97, while it was recorded at 5.42 for the last single week of trading, and 6.27 for the last 200 days.

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

Itau Unibanco Holding S.A. ADR’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.78.

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

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. ADR go to 9.90%.

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

The top three institutional holders of ITUB stocks are: SCHRODER INVESTMENT MANAGEMENT GROUP with ownership of 85.63 million shares, which is approximately 0.8698%. WESTWOOD GLOBAL INVESTMENTS, LLC, holding 59.44 million shares of the stock with an approximate value of $$347.13 million in ITUB stocks shares; and WESTWOOD GLOBAL INVESTMENTS, LLC, currently with $$281.64 million in ITUB stock with ownership which is approximately 0.4899%.