Itau Unibanco Banco Stock Today
| ITUB Stock | USD 6.11 0.10 1.61% |
Performance0 of 100
| Odds Of DistressOver 59
|
Itau Unibanco is trading at 6.11 as of the 26th of April 2024, a -1.61% down since the beginning of the trading day. The stock's open price was 6.21. Itau Unibanco has over 59 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Itau Unibanco Banco are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of March 2024 and ending today, the 26th of April 2024. Click here to learn more.
Ita Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. Ita Unibanco Holding S.A. is a subsidiary of IUPAR - Ita Unibanco Participaes S.A. Itau Unibanco operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. The company has 9.8 B outstanding shares of which 20.82 M shares are currently shorted by private and institutional investors with about 1.75 trading days to cover. More on Itau Unibanco Banco
Moving together with Itau Stock
| 0.61 | KB | KB Financial Group Financial Report 20th of May 2024 | PairCorr |
| 0.67 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
Itau Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Itau Unibanco's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Itau Unibanco or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chief Executive Officer | Milton Filho |
| Business Concentration | Banking, Banks - Regional, Financial Services, NYSE Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) |
Itau Unibanco Banco (ITUB) is traded on New York Stock Exchange in USA. It is located in Praça Alfredo Egydio de Souza Aranha, São Paulo, SP, Brazil, 04344-902 and employs 64 people. Itau Unibanco is listed under Banking category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 60.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Itau Unibanco's market, we take the total number of its shares issued and multiply it by Itau Unibanco's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Itau Unibanco Banco conducts business under Banks sector and is part of Financials industry. The entity has 9.8 B outstanding shares of which 20.82 M shares are currently shorted by private and institutional investors with about 1.75 trading days to cover.
Itau Unibanco Banco currently holds about 366.77 B in cash with 116.92 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 37.42, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Itau Unibanco Probability Of Bankruptcy
Ownership AllocationItau Unibanco Banco has a total of 9.8 Billion outstanding shares. Roughly 81.0 (percent) of Itau Unibanco outstanding shares are held by general public with 19.23 pct. by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Itau Ownership Details
Itau Stock Price Odds Analysis
What are Itau Unibanco's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Itau Unibanco jumping above the current price in 90 days from now is over 95.77%. The Itau Unibanco Banco probability density function shows the probability of Itau Unibanco stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Itau Unibanco has a beta of 0.4644. This usually indicates as returns on the market go up, Itau Unibanco average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Itau Unibanco Banco will be expected to be much smaller as well. Additionally, itau Unibanco Banco has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Itau Unibanco to move above the current price in 90 days from now is over 95.77 (This Itau Unibanco Banco probability density function shows the probability of Itau Stock to fall within a particular range of prices over 90 days) .
Itau Unibanco Banco Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Itau Unibanco market risk premium is the additional return an investor will receive from holding Itau Unibanco long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Itau Unibanco. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Itau Unibanco's alpha and beta are two of the key measurements used to evaluate Itau Unibanco's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.10) |
Itau Stock Against Markets
Picking the right benchmark for Itau Unibanco stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Itau Unibanco stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Itau Unibanco is critical whether you are bullish or bearish towards Itau Unibanco Banco at a given time. Please also check how Itau Unibanco's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Itau Unibanco without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Itau Unibanco Corporate Directors
Itau Unibanco corporate directors refer to members of an Itau Unibanco board of directors. The board of directors generally takes responsibility for the Itau Unibanco's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Itau Unibanco's board members must vote for the resolution. The Itau Unibanco board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Caio David | CFO, VP for Fin., Executive Director and Member of Disclosure and Trading Committee | Profile | |
| Fabio Barbosa | Independent Director | Profile | |
| Pedro Moraes | Independent Member of the Board of Directors | Profile | |
| Henri Penchas | Member of the Board of Directors | Profile |
How to buy Itau Stock?
Before investing in Itau Unibanco, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Itau Unibanco. To buy Itau Unibanco stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Itau Unibanco. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Itau Unibanco stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Itau Unibanco Banco stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Itau Unibanco Banco stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Itau Unibanco Banco, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Itau Stock please use our How to Invest in Itau Unibanco guide.
Already Invested in Itau Unibanco Banco?
The danger of trading Itau Unibanco Banco is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Itau Unibanco is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Itau Unibanco. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Itau Unibanco Banco is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Itau Unibanco Banco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Itau Unibanco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Itau Unibanco Banco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Itau Unibanco Banco Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itau Unibanco Banco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Itau Stock analysis
When running Itau Unibanco's price analysis, check to measure Itau Unibanco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Itau Unibanco is operating at the current time. Most of Itau Unibanco's value examination focuses on studying past and present price action to predict the probability of Itau Unibanco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itau Unibanco's price. Additionally, you may evaluate how the addition of Itau Unibanco to your portfolios can decrease your overall portfolio volatility.
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Is Itau Unibanco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Itau Unibanco. If investors know Itau will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Itau Unibanco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Itau Unibanco Banco is measured differently than its book value, which is the value of Itau that is recorded on the company's balance sheet. Investors also form their own opinion of Itau Unibanco's value that differs from its market value or its book value, called intrinsic value, which is Itau Unibanco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Itau Unibanco's market value can be influenced by many factors that don't directly affect Itau Unibanco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Itau Unibanco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itau Unibanco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itau Unibanco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.