NYSE:BAKBanco Bradesco Stock Price, Forecast & News

$10.32

-0.48 (-4.44 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$10.08

Now: $10.32▼

$10.63

50-Day Range

$6.47

MA: $7.93▼

$10.80

52-Week Range

$3.86

Now: $10.32▼

$21.90

Volume95,014 shs

Average Volume115,767 shs

Market Capitalization$4.11 billion

P/E RatioN/A

Dividend Yield3.64%

Beta1.49

Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. The company operates through five segments: Chemicals, Polyolefins, United States and Europe, Mexico, Vinyls. The Chemicals segment produces and sells ethylene, propylene butadiene, toluene, xylene, cumene, and benzene, as well as gasoline, diesel and liquefied petroleum gas, and other petroleum derivatives; and supplies electric energy, steam, compressed air, and other inputs to second-generation producers. The Polyolefins segment produces and sells polyethylene and polypropylene. The United States and Europe segment produces and sells polypropylene in the United States and Europe. The Mexico segment produces and sells ethylene, high-density polyethylene, and low-density polyethylene in Mexico. The Vinyls segment produces and sells polyvinyl chloride and caustic soda. The company also manufactures, trades in, imports, and exports chemicals, petrochemicals, and fuels; produces, supplies, and sells utilities, such as steam, water, compressed air, and industrial gases; and provides industrial services. The company was formerly known as Copene Petroquímica do Nordeste S.A. and changed its name to Braskem S.A. in 2002. Braskem S.A. was founded in 1972 and is based in São Paulo, Brazil.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
Banco Bradesco has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.50, Banco Bradesco has a potential upside of 30.8% from its current price of $10.32.
Amount of Analyst Coverage
Banco Bradesco has only been the subject of 3 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Banco Bradesco has received 40 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Banco Bradesco has received 40 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Banco Bradesco has received 50.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Banco Bradesco and other stocks. Vote “Outperform” if you believe BAK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BAK will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Banco Bradesco is a leading dividend payer. It pays a dividend yield of 3.64%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Banco Bradesco does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Banco Bradesco will have a dividend payout ratio of 105.56 % in the coming year. This indicates that Banco Bradesco may not be able to sustain their current dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Banco Bradesco insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.01% of the stock of Banco Bradesco is held by insiders.
Percentage Held by Institutions
Only 0.45% of the stock of Banco Bradesco is held by institutions.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Banco Bradesco are expected to grow in the coming year, from ($5.02) to $0.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Banco Bradesco is -6.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Banco Bradesco is -6.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Banco Bradesco has a P/B Ratio of 4.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.59 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Industrial organic chemicals

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSE:BAK

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.braskem.com.br

Phone55-11-3576-9000

Debt

Debt-to-Equity Ratio10.67

Current Ratio1.44

Quick Ratio0.97

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$12.72 billion

Price / Sales0.32

Cash Flow$0.60 per share

Price / Cash Flow17.10

Book Value$2.51 per share

Price / Book4.11

Profitability

EPS (Most Recent Fiscal Year)($1.71)

Net Income$-708,900,000.00

Net Margins-4.73%

Return on Equity-39.25%

Return on Assets-3.79%

Miscellaneous

Employees8,008

Outstanding Shares398,610,000

Market Cap$4.11 billion

Next Earnings Date6/4/2020 (Estimated)

OptionableOptionable

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Banco Bradesco (NYSE:BAK) Frequently Asked Questions

How has Banco Bradesco's stock been impacted by COVID-19 (Coronavirus)?

Banco Bradesco's stock was trading at $9.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BAK shares have increased by 12.1% and is now trading at $10.32. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Banco Bradesco?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Bradesco in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Banco Bradesco.

When is Banco Bradesco's next earnings date?

Banco Bradesco is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Banco Bradesco.

How were Banco Bradesco's earnings last quarter?

Banco Bradesco S.A. (NYSE:BAK) issued its earnings results on Friday, April, 3rd. The company reported ($1.78) earnings per share (EPS) for the quarter. The company had revenue of $3.07 billion for the quarter. Banco Bradesco had a negative return on equity of 39.25% and a negative net margin of 4.73%. View Banco Bradesco's earnings history.

What price target have analysts set for BAK?

3 Wall Street analysts have issued twelve-month target prices for Banco Bradesco's stock. Their forecasts range from $13.50 to $13.50. On average, they anticipate Banco Bradesco's share price to reach $13.50 in the next year. This suggests a possible upside of 30.8% from the stock's current price. View analysts' price targets for Banco Bradesco.

Has Banco Bradesco been receiving favorable news coverage?

Media coverage about BAK stock has trended very negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Banco Bradesco earned a news impact score of -3.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutBanco Bradesco.

Who are some of Banco Bradesco's key competitors?

Some companies that are related to Banco Bradesco include International Flavors & Fragrances (IFF), Westlake Chemical (WLK), NewMarket (NEU), Braskem (BRKMY), Sensient Technologies (SXT), Methanex (MEOH), Renewable Energy Group (REGI), Codexis (CDXS), Westlake Chemical Partners (WLKP), Amyris (AMRS), FutureFuel (FF), Landstar (LDSR), REX American Resources (REX), Green Plains (GPRE) and Solarwindow Technologies (WNDW). View all competitors.

What other stocks do shareholders of Banco Bradesco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Banco Bradesco investors own include Anthem (ANTM), Amplify Energy (AMPY), Amplify Energy (AMPY), AvalonBay Communities (AVB), Comcast (CMCSA), Goodrich Petroleum (GDP), Goodrich Petroleum (GDP), Gold Standard Ventures (GSV), Gold Standard Ventures (GSV) and Quaker Chemical (KWR).

Who are Banco Bradesco's key executives?

Banco Bradesco's management team includes the following people:

Mr. Fernando Musa, Chief Exec. Officer (Age 54)
Mr. Pedro van Langendonck Teixeira de Freitas, CFO and Investor Relations & External Affairs Officer (Age 44)
Mr. Luiz Eduardo Valente Moreira, Exec. Officer and Head of Investments & Portfolio (Age 62)
Mr. Everson Bassinello, Chief Compliance Officer
Ms. Cristiana Lapa, Gen. Counsel & Corp. Governance Officer (Age 42)

What is Banco Bradesco's stock symbol?

Banco Bradesco trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAK."

Who are Banco Bradesco's major shareholders?

Banco Bradesco's stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (0.11%), Aperio Group LLC (0.01%), AQR Capital Management LLC (0.01%), Invesco Ltd. (0.01%) and Morgan Stanley (0.00%).

Which institutional investors are selling Banco Bradesco stock?

BAK stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Aperio Group LLC, AQR Capital Management LLC, and Invesco Ltd..

Which institutional investors are buying Banco Bradesco stock?

BAK stock was bought by a variety of institutional investors in the last quarter, including State Street Corp.

How do I buy shares of Banco Bradesco?

Shares of BAK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Banco Bradesco's stock price today?

One share of BAK stock can currently be purchased for approximately $10.32.

How big of a company is Banco Bradesco?

Banco Bradesco has a market capitalization of $4.11 billion and generates $12.72 billion in revenue each year. The company earns $-708,900,000.00 in net income (profit) each year or ($1.71) on an earnings per share basis. Banco Bradesco employs 8,008 workers across the globe.

What is Banco Bradesco's official website?

The official website for Banco Bradesco is www.braskem.com.br.

How can I contact Banco Bradesco?

Banco Bradesco's mailing address is Rua Lemos Monteiro 120 24 andar, Butanta D5, 05501-050. The company can be reached via phone at 55-11-3576-9000 or via email at [email protected]

This page was last updated on 5/31/2020 by MarketBeat.com Staff