Banco Do Brasil SA (OTCMKTS:BDORY - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $3.61 and last traded at $3.62, with a volume of 1321337 shares. The stock had previously closed at $3.70.
Wall Street Analysts Forecast Growth
Separately, Bradesco Corretora lowered shares of Banco Do Brasil to a "neutral" rating in a report on Friday, May 16th.
Get Our Latest Report on BDORY
Banco Do Brasil Stock Performance
The firm's 50-day moving average price is $4.07 and its two-hundred day moving average price is $4.58. The company has a debt-to-equity ratio of 5.97, a quick ratio of 1.97 and a current ratio of 1.97. The stock has a market cap of $21.09 billion, a price-to-earnings ratio of 3.54, a PEG ratio of 1.77 and a beta of 0.61.
Banco Do Brasil (OTCMKTS:BDORY - Get Free Report) last announced 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). The firm had revenue of $6.83 billion for the quarter, compared to analyst estimates of $4.74 billion. Banco Do Brasil had a net margin of 11.78% and a return on equity of 18.72%. On average, analysts expect that Banco Do Brasil SA will post 1.08 EPS for the current fiscal year.
Banco Do Brasil Cuts Dividend
The company also recently declared a dividend, which was paid on Monday, June 23rd. Stockholders of record on Thursday, June 5th were given a dividend of $0.0104 per share. The ex-dividend date was Wednesday, June 4th. This represents a dividend yield of 7.45%. Banco Do Brasil's payout ratio is 5.77%.
Banco Do Brasil Company Profile
(
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.
Featured Articles
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
