Research Report for Investors: Banco Bradesco S.A. (NYSE:BBD)

stock overview

Banco Bradesco S.A. (NYSE:BBD) Brazilian Bank Providing Personal And Commercial Financial Services Through 4,507 Branches. Belonging to the Finance sector which surged 0.44% and closed its last trading session at $9.07.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/3/2016. Currently, the stock has a 1 Year Price Target of $1.63.

The consensus recommendation, according to Zacks Investment research, is 3. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 3 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3 and 3 respectively.

Banco Bradesco S.A. on 6/30/2016 reported its EPS as $-0.06 with the analysts projecting the EPS of the stock as $-0.05. The company beat the analyst EPS Estimate with the difference of $-0.01. This shows a surprise factor of -20%.

Many analysts have provided their estimated foresights on Banco Bradesco S.A. Earnings, with 18 analysts believing the company would generate an Average Estimate of $-0.03. Whereas they predicted High and Low Earnings Estimate as $0 and $-0.08 respectively. While in the same Quarter Previous year, the Actual EPS was $0.

Analysts are also projecting an Average Revenue Estimate for Banco Bradesco S.A. as $4.02 Billion in the Current Quarter. This estimate is provided by 14 analysts. The High Revenue estimate is predicted as 4.35 Billion, while the Low Revenue Estimate prediction stands at 3.78 Billion. The company’s last year sales total was 4.14 Billion.

The Company got Downgrade by Barclays on 27-Apr-16 from Overweight to Equal Weight.

19 analysts projected Price Targets for Banco Bradesco S.A.. The analysts believe that the company stock price could grow as high as $2.29. The Low Price target projection by analysts is $0.96 and the Mean Price Target is $1.63.

Banco Bradesco S.A. (NYSE:BBD) has the market capitalization of $49.4 Billion. The company rocked its 52-Week High of $9.46 on Sep 8, 2016 and touched its 52-Week Low of $3.65 on Jan 21, 2016. The stock has Return on Assets (ROA) of 1.7 percent. Return on Equity (ROE) stands at 20.2% and Return on Investment (ROI) of 9.1 percent.

The stock is currently showing YTD performance of 110.68 Percent. The company has Beta Value of 1.98 and ATR value of 0.3. The Weekly and Monthly Volatility stands at 2.87% and 3.08%.

Company profile:

Banco Bradesco’s main activities are the provision of banking and insurance services such as private and industrial credit loans, credit cards, mortgaged loans, 24 hour banking, health and life insurance, leasing, pension fund management and services for stock market investors.