May 25, 2018

Earnings Forecast of Banco Bradesco SA (BBD)

14 May 2018, 10:05 | Henrietta Morgan

Banco Bradesco S.A. (NYSE:BBD) enjoyed a 32.95% run-up in share price since hitting record low of $6.85. To measure price-variation, we found BBD's volatility during a week at 2.42% and during a month it has been found around 2.51%.

BBD has been the subject of several analyst reports. Earnings per share serves as an indicator of a company's profitability. Banco Bradesco SA had 2 analyst reports since January 18, 2018 according to SRatingsIntel. The Lower end of the earnings estimate is $0.19, while the higher end of the earnings estimate is $0.24. Stifel Financial Corp now owns 36,921 shares of the bank's stock valued at $409,000 after purchasing an additional 15,091 shares during the last quarter. Wall Street analysts covering the stock are projecting that the stock will reach $11.14 within the next 52-weeks. 4,995,579 shares of the company were exchanged, compared to its average volume of 9,649,362. The recent change has given its price a -10.92% deficit over SMA 50 and -23.81% deficit over its 52-week high. BBD generated revenue of $0 in the same quarter, one year ago. In other words, the price earnings ratio shows what the market is willing to pay for a stock based on its current earnings. Price Target plays a critical role when it comes to the analysis of a Stock. The stock is a Buy among 0 brokerage firms polled by Factset Research.

Finally observing long term time frame, 200-day simple moving average is more helpful at telling general investing trends lasting 200 days.

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According to Finviz reported data, The SMA20 of the stock is at -3.25 percent, SMA50 is -8.24 percent, while SMA200 is -4.08 percent. The ROA ratio is calculated by comparing net income to average total assets, and is expressed as a percentage.

Currently Banco Bradesco S.A. (BBD) is trading with P/E ratio of 14.02.

Usually, the ROE ratio's between 12-15 percent are considered desirable. The company posted an earnings surprise of 9.5%.

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According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.5 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. (Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell).

The goal of a stock price analysis is to study the behaviour of stock prices. Investors often use this ratio to evaluate what a stock's fair market value should be by predicting future earnings per share. Sprucegrove Investment Management Ltd who had been investing in Banco Bradesco S A for a number of months, seems to be less bullish one the $61.48B market cap company. Shares are clocking price at $9.11 with change of -3.19%.

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