Banco Do Brasil SA (OTCMKTS:BDORY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $3.88, but opened at $4.07. Banco Do Brasil shares last traded at $3.95, with a volume of 537,649 shares.
Wall Street Analyst Weigh In
Separately, Bradesco Corretora cut Banco Do Brasil to a "neutral" rating in a report on Friday, May 16th.
Check Out Our Latest Stock Report on BDORY
Banco Do Brasil Price Performance
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 business has a 50-day moving average price of $4.60 and a two-hundred day moving average price of $4.59. The company has a market capitalization of $22.98 billion, a price-to-earnings ratio of 3.86, a price-to-earnings-growth ratio of 1.58 and a beta of 0.63.
Banco Do Brasil (OTCMKTS:BDORY - Get Free Report) last released its earnings results on Thursday, May 15th. The financial services provider reported $0.22 earnings per share (EPS) 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 business had revenue of $6.83 billion during the quarter, compared to the consensus estimate of $4.74 billion. As a group, research analysts anticipate that Banco Do Brasil SA will post 1.08 EPS for the current year.
Banco Do Brasil Cuts Dividend
The company also recently declared a dividend, which was paid on Monday, June 23rd. Shareholders of record on Thursday, June 5th were given a dividend of $0.0104 per share. The ex-dividend date of this dividend was Wednesday, June 4th. This represents a yield of 7.45%. Banco Do Brasil's payout ratio is 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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
