Analyst Earnings Estimates Coverage: Itau Unibanco Holding SA (ITUB)

Marco Green
October 12, 2017

The company's Average Revenue Estimate for the current quarter is $8.34 Billion, while Low and High Revenue Estimates are $7.97 Billion and $8.71 Billion respectively.

The company's Average Earnings Estimate for the Current Fiscal quarter is $0.27, according to consensus of 4 analysts. The firm earned "Neutral" rating on Wednesday, July 20 by Goldman Sachs. After a recent spot-check, the stock has touched $14.09 which represents a change from the open of 0.07%.

Orbis Allan Gray Ltd downsized its investment by selling 1,102,402 shares a decrease of 12.9% from 03/31/2017 to 06/30/2017. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) has risen 47.22% since October 10, 2016 and is uptrending. It has outperformed by 0.85% the S&P500. Algert Global Llc sold 355,557 shares as Zix Corp (ZIXI)'s stock rose 13.89%. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Zix Corp now has $295.71 million valuation.

According to Finviz reported data, The SMA20 of the stock is at 0.07 percent, SMA50 is 5.56 percent, while SMA200 is 15.74 percent. About 48,582 shares traded. (USA) (NYSE:AGU) has risen 5.50% since October 12, 2016 and is uptrending. It has outperformed by 13.23% the S&P500. The value of the investment in Itau Unibanco Banco Holding SA went from $21,000 to $26,084,000 a change of 124,109.5% for the reporting period.

Now, the FactSet Research estimate calls for Q3 2017 earnings of US$0.29. The company beat the analyst EPS Estimate with the difference of $0.02.

Itau Unibanco Holding S.A. (ITUB) closed 15.74% above its 200-day moving average and is 5.56% above another chart threshold, its 50-day moving average.

Itau Unibanco Banco Holding SA (NYSE:ITUB) traded up 2.10% during midday trading on Tuesday, reaching $14.13.

In taking a look at some additional numbers, the 14-day Relative Strength Index for Itau Unibanco Banco Holding Sa (ITUB) is noted at 60.17, the 7-day is 57.29, and the 3-day is sitting at 54.63. As per Tuesday, March 29, the company rating was downgraded by Goldman Sachs.

Technical traders may be staring at recent indicator levels on shares of Itau Unibanco Holding S.A. (ITUB).

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. The firm has "Neutral" rating by Citigroup given on Thursday, October 15. The firm has "Sector Perform" rating by Scotia Capital given on Wednesday, April 12. JP Morgan maintained the stock with "Overweight" rating in Tuesday, August 16 report. The stock has "Underperform" rating by Credit Suisse on Tuesday, October 13. Citigroup downgraded the stock to "Sell" rating in Friday, April 8 report. Deutsche Bank downgraded Itau Unibanco Holding SA (ADR) (NYSE:ITUB) on Tuesday, March 22 to "Hold" rating. They were forecasting US$0.27 per share three months ago. Digital Realty Trust Inc (Reit) (NYSE:DLR) was raised too.

Algert Global Llc increased Intevac Inc (NASDAQ:IVAC) stake by 82,690 shares to 150,084 valued at $1.67 million in 2017Q2.

Short interest, or the number of a stock's tradable shares now being shorted, is another metric investors use to get a pulse on sentiment. Therefore 67% are positive. The stock of Zix Corporation (NASDAQ:ZIXI) has "Buy" rating given on Thursday, February 18 by Dougherty & Company. Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well.

Analysts await Agrium Inc. The company's previous year sales total was 8.59 Million. AGU's profit will be $4.14 million for 887.50 P/E if the $0.03 EPS becomes a reality.

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