Banco Bradesco S.A. [BBD] has traded in a range of $2.66 to $8.38 in the last 1 year. As of this writing, the stock is at $4.58, down -2.14%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, BBD shares are 9.60% up with the monthly amount drift of 21.36% and seems well in a long time frame.

On 29, October 2020, Banco Bradesco SAto Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / October 29, 2020 / Banco Bradesco SA (BREC) (FRA:BREC) will be discussing their earnings results in their call to be held on 10/29/2020 at1:30:00 PM Eastern Time.

Analyst Birdseye View:

The most recent analyst activity for Banco Bradesco S.A. [NYSE:BBD] stock was on May 28, 2020, when it was Downgrade with a Neutral rating from Citigroup. On April 06, 2020, Goldman Upgrade a Buy rating. On January 21, 2020, BofA/Merrill Downgrade a Neutral rating. On August 07, 2019, Morgan Stanley Upgrade an Overweight rating. On June 10, 2019, Goldman Initiated a Sell rating. On January 22, 2018, JP Morgan Upgrade an Overweight rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $2.66 and a peak of $8.38. Right now, the middling Wall Street analyst 12-month amount mark is $5.04. At the most recent market close, shares of Banco Bradesco S.A. [NYSE:BBD] were valued at $4.58. According to the average price forecast, investors can expect a potential return of -26.39%.

FUNDAMENTAL ANALYSIS

Banco Bradesco S.A. [NYSE:BBD] most recently reported quarterly sales of 25.3 billion, which represented growth of 12.10%. This publicly-traded organization’s revenue is $2,514,662 per employee, while its income is $232,023 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 1.71, 17.72, 3.06 and 8.11 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 76.94 and the whole liability to whole assets at 32.83. It shows enduring liability to the whole principal at 26.38 and enduring liability to assets at 0.11 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 4.62 points at 1st support level, the second support level is making up to 4.57. But as of 1st resistance point, this stock is sitting at 4.73 and at 4.78 for 2nd resistance point.

Banco Bradesco S.A. [BBD] reported its earnings at $0.11 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.09/share signifying the difference of 0.02 and 22.20% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.08 calling estimates for $0.09/share with the difference of -0.01 depicting the surprise of -11.10%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.19, it’s amount to book ratio is 2.17 and showing 6.69 of P/E (TTM) ratio.