Itau Unibanco Banco logged a -2.1% change during today's afternoon session, and is now trading at a price of $5.83 per share.
Itau Unibanco Banco returned gains of 36.4% last year, with its stock price reaching a high of $6.08 and a low of $3.9. Over the same period, the stock outperformed the S&P 500 index by 23.0%. More recently, the company's 50-day average price was $5.39. Itaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The large-cap Finance company is headquartered in São Paulo, Brazil. Itau Unibanco Banco has offered a 13.6% dividend yield over the last 12 months.
Growing Revenues With Increasing Reinvestment in the Business:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue (MM) | $112,121 | $94,681 | $121,833 | $138,600 |
| Interest Income (MM) | $64,325 | $55,420 | $59,948 | $51,758 |
| Net Margins | 24.18% | 19.96% | 21.96% | 21.43% |
| Net Income (MM) | $27,113 | $18,896 | $26,760 | $29,702 |
| Depreciation & Amort. (MM) | -$3,561 | -$3,729 | -$4,233 | -$4,796 |
| Earnings Per Share | $2.77 | $1.93 | $2.72 | $0.64 |
| EPS Growth | n/a | -30.32% | 40.93% | -76.47% |
| Diluted Shares (MM) | 9,785 | 9,802 | 9,831 | 9,800 |
| Free Cash Flow (MM) | $30,912 | $54,184 | $51,025 | $121,471 |
| Capital Expenditures (MM) | -$4,312 | -$5,307 | -$9,081 | -$8,495 |
| Long Term Debt (MM) | $279,307 | $192,351 | $211,086 | $275,725 |
| Net Debt / EBITDA | 2.51 | 1.5 | 0.92 | 2.29 |
Itau Unibanco Banco has growing revenues and increasing reinvestment in the business and consistent net margins with a stable trend. Additionally, the company's financial statements display generally positive cash flows and reasonable leverage. However, the firm has declining EPS growth.
Itau Unibanco Banco Has Attractive Multiples and Trades Below Its Graham Number:
Itau Unibanco Banco has a trailing twelve month P/E ratio of 8.4, compared to an average of 14.34 for the Finance sector. Based on its EPS guidance of $0.79, the company has a forward P/E ratio of 6.8. The -22.2% compound average growth rate of Itau Unibanco Banco's historical and projected earnings per share yields a PEG ratio of -0.38. This indicates that its shares are overvalued.In contrast, the market is likely undervaluing Itau Unibanco Banco in terms of its equity because its P/B ratio is 0.33 while the sector average is 1.57. The company's shares are currently trading -79.3% below their Graham number.
Itau Unibanco Banco Has an Analyst Consensus of Some Upside Potential:
The 7 analysts following Itau Unibanco Banco have set target prices ranging from $5.7 to $7.2 per share, for an average of $6.57 with a buy rating. As of April 2023, the company is trading -18.0% away from its average target price, indicating that there is an analyst consensus of some upside potential.
The largest shareholder is Goldman Sachs Group Inc, whose 2% stake in the company is worth $540,078,302.
