Itau Unibanco Holding SA (ADR) (NYSE:ITUB) plunged -18.47% during previous trade, a total of 72.43M shares exchanged hands compared with its average trading volume of 11.11M shares whereas its relative volume is 6.56. The stock has a market capitalization of $62.23B along with 3.17B outstanding shares. Stock’s intraday price range hit the peak level of $11.01 and touched the lowest level of $10.02.
Most recently Itau Unibanco Holding SA (ADR) (NYSE:ITUB)’s price target was revised on 5/10/17 and according to 7 analysts stock’s price will reach at $11.90 during 52 weeks with standard deviation of 1.32. Stock’s minimum price target estimates has been figured out at $10 while the maximum price target forecast is established at $13.20, if we look at the price target with an optimistic approach it has upside potential of 24% from its latest closing price of $10.22.
Historically, if we look at price target revisions, two weeks ago Itau Unibanco Holding SA (ADR) (NYSE:ITUB)’s price target was revised on 3/27/17 by the analysts, however the bullish price estimates of the stock set at $13 while the bearish estimates kept at $10.50 over the next one year. Stock’s 52-week target was retained at $11.67, the estimates indicates a standard deviation of 1.26.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.33. ABR value is precisely based on brokerage recommendations, where out of 3 brokerage recommendations 2 rate Itau Unibanco Holding SA (ADR) (NYSE:ITUB) stock a Strong Buy, 0 rate the stocks of the company a Buy, 0 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 7/20/16 the stock of Itau Unibanco Holding SA (ADR) (NYSE:ITUB) upgraded by Goldman from Sell to Neutral. However previously on 6/2/16 it was downgraded by HSBC Securities from Buy to Hold. A research note issued on 4/27/16 the stock was upgraded by Barclays from Equal Weight to Overweight.
Itau Unibanco Holding SA (ADR) (NYSE:ITUB) performance over the past one year soared 37.10% whereas its year to date (YTD) performance indicated a bullish trend of 1.54%. During the last six months the stock climbed 0.06%. Quarterly performance of the company shows declining momentum of -21.05% while its last one month trend is negative with -15.85%. Stock’s weekly performance expressed down trend of -18.70%.
The company’s price sits -16.76% below from its 50-day moving average of $12.26 and -7.11% away from the stock’s 200-day moving average which is $11.64. Itau Unibanco Holding SA (ADR) (NYSE:ITUB)’s shares are currently trading -24.26% away from the 52-week high price of $13.49 and +49.41% far from the 52-week low price of $6.84.
According to consensus agreement of 4 analysts Itau Unibanco Holding SA (ADR) (NYSE:ITUB) will report earnings per share of $0.28 in their quarterly report and it is expected to announce the company’s results on 8/2/17. For the current quarter the company has high EPS estimates of $0.28 in contradiction of low EPS estimates of $0.27. However a year ago for the same quarter the company has reported $0.26 EPS. Current year EPS projections for Itau Unibanco Holding SA (ADR) (NYSE:ITUB) set at $1.12 according to the sentiments of 6 analysts, while its lowest earnings estimates are $1.03 and highest earnings estimates are $1.23.
According to 2 analysts, Itau Unibanco Holding SA (ADR) (NYSE:ITUB)’s revenue estimates for the current quarter are $8.31B meanwhile the company has high revenue estimates of $8.64B in contradiction of low revenue estimates of $7.99B. For the current year the company’s revenue estimates are $33.45B compared to low analyst estimates of $32.49B and high estimates of $34.81B according to the projection of 4 analysts.