What Itaú Unibanco Investors Should Keep in Mind

By Emilio Sanchez • Sunday, December 08 10:11 • Permanent Link

Itaú Unibanco sank -2.9% today, compared to the S&P 500's day change of 0.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

Itaú Unibanco has moved -16.4% over the last year, and the S&P 500 logged a change of 31.8%
ITUB has an average analyst rating of buy and is -27.29% away from its mean target price of $7.39 per share
Its trailing earnings per share (EPS) is $0.66
Itaú Unibanco has a trailing 12 month Price to Earnings (P/E) ratio of 8.1 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $0.88 and its forward P/E ratio is 6.1
The company has a Price to Book (P/B) ratio of 0.27 in contrast to the S&P 500's average ratio of 4.74
Itaú Unibanco is part of the Finance sector, which has an average P/E ratio of 20.04 and an average P/B of 1.86
ITUB has reported YOY quarterly earnings growth of 18.9% and gross profit margins of 0.0%
Itaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides property and casualty insurance products covering loss, damage, or liabilities for assets or persons, as well as life insurance products covering death and personal accident. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies, as well as middle-market companies and high net worth clients. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. operates as a subsidiary of IUPAR - Itaú Unibanco Participações S.A.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.