At the time of writing, Banco Bradesco S.A. ADR [BBD] stock is trading at $2.68, up 4.28%. An important factor to consider is whether the stock is rising or falling in short-term value. The BBD shares have gain 21.46% over the last week, with a monthly amount glided 14.71%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Banco Bradesco S.A. ADR [NYSE: BBD] stock has seen the most recent analyst activity on February 21, 2024, when Goldman upgraded its rating to a Neutral. Previously, Jefferies downgraded its rating to Hold on February 09, 2024. On January 09, 2024, downgrade downgraded it’s rating to Sell. HSBC Securities downgraded its rating to a Hold. Jefferies initiated its recommendation with a Buy and recommended $3.50 as its price target on October 16, 2023. Goldman downgraded its rating to Neutral for this stock on February 16, 2023, but kept the price target unchanged to $2.70. In a note dated November 17, 2022, JP Morgan upgraded an Overweight rating on this stock.
For the past year, the stock price of Banco Bradesco S.A. ADR fluctuated between $2.15 and $3.41. Banco Bradesco S.A. ADR [NYSE: BBD] shares were valued at $2.68 at the most recent close of the market.
Analyzing the BBD fundamentals
According to Banco Bradesco S.A. ADR [NYSE:BBD], the company’s sales were 59.68B for trailing twelve months, which represents an -10.18% plunge. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.08 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.62 points at the first support level, and at 2.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.72, and for the 2nd resistance point, it is at 2.76.
Ratios To Look Out For
It is important to note that Banco Bradesco S.A. ADR [NYSE:BBD] has a current ratio of 0.45. Considering the valuation of this stock, the price to sales ratio is 0.24, the price to book ratio is 0.96 and price to earnings (TTM) ratio is 10.91.
