Banco Do Brasil SA (OTCMKTS:BDORY - Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $3.72 and last traded at $3.74, with a volume of 138259 shares traded. The stock had previously closed at $3.83.
Wall Street Analyst Weigh In
Separately, Bradesco Corretora lowered shares of Banco Do Brasil to a "neutral" rating in a research report on Friday, May 16th.
View Our Latest Research Report on Banco Do Brasil
Banco Do Brasil Trading Down 0.3%
The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 5.97. The stock has a market capitalization of $21.89 billion, a P/E ratio of 3.67, a P/E/G ratio of 1.53 and a beta of 0.61. The firm's 50 day simple moving average is $4.29 and its two-hundred day simple moving average is $4.59.
Banco Do Brasil (OTCMKTS:BDORY - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The financial services provider reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.07). Banco Do Brasil had a net margin of 11.78% and a return on equity of 18.72%. The company had revenue of $6.83 billion during the quarter, compared to the consensus estimate of $4.74 billion. As a group, analysts forecast that Banco Do Brasil SA will post 1.08 earnings per share for the current fiscal year.
Banco Do Brasil Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Monday, June 23rd. Stockholders of record on Thursday, June 5th were issued a dividend of $0.0104 per share. This represents a dividend yield of 7.45%. The ex-dividend date of this dividend was Wednesday, June 4th. Banco Do Brasil's dividend payout ratio is currently 5.77%.
About Banco Do Brasil
(
Get Free Report)
Banco do Brasil SA provides banking products and services for individuals, companies, and public sectors in Brazil and internationally. The company's Banking segment offers various products and services, including deposits, loans, and services to retail, wholesale, and public sector markets, as well as to micro-entrepreneurs and the low income population.
Read More
Before you consider Banco Do Brasil, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Banco Do Brasil wasn't on the list.
While Banco Do Brasil currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
