Don't Judge Banco Bradesco on Technicals Alone - Check Its Fundamentals!

By Blake Campbell • Thursday, April 03 09:53 • Permanent Link

Large-cap Finance company Banco Bradesco has moved 3.5% so far today on a volume of 3,361,397, compared to its average of 45,749,831. In contrast, the S&P 500 index moved -3.0%.

Banco Bradesco trades -16.29% away from its average analyst target price of $2.74 per share. The 5 analysts following the stock have set target prices ranging from $2.0 to $3.9, and on average have given Banco Bradesco a rating of hold.

If you are considering an investment in BBD, you'll want to know the following:

Banco Bradesco's current price is -89.7% below its Graham number of $22.31, which implies the stock has a margin of safety
Banco Bradesco has moved -23.4% over the last year, and the S&P 500 logged a change of 10.2%
Based on its trailing earnings per share of 0.27, Banco Bradesco has a trailing 12 month Price to Earnings (P/E) ratio of 8.5 while the S&P 500 average is 29.3
BBD has a forward P/E ratio of 5.2 based on its forward 12 month price to earnings (EPS) of $0.44 per share
Its Price to Book (P/B) ratio is 0.14 compared to its sector average of 1.86
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally.
Based in Osasco, the company has 72,642 full time employees and a market cap of $22.73 Billion.

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.