How to Buy Itau Unibanco Holding Sa Stock
Itau Unibanco Holding Sa
Itau Unibanco Holding Sa is a bank company located in Brazil, which is part of the Financial Services sector, and is traded under the ticker ITUB on the NYSE exchange.
Itau Unibanco Holding Sa stock last closed at $6.21, down 0.64% from the previous day, and has increased 24.2% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.09 percentage points. Itau Unibanco Holding Sa stock is currently +28.04% from its 52-week low of $4.85, and -14.58% from its 52-week high of $7.27.
As of Apr 24, 2024, there are 9.8B ITUB shares outstanding. The market cap of ITUB is $60.88B. In the last 24 hours, 17.87M ITUB shares were traded.
How to Buy Itau Unibanco Holding Sa Stock
Not sure how to invest in Itau Unibanco Holding Sa stock? Here's how.
- Decide where to buy Itau Unibanco Holding Sa stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Itau Unibanco Holding Sa stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your payment method and add your information.
- Analyze Itau Unibanco Holding Sa stock: The Itau Unibanco Holding Sa ticker symbol is ITUB. Is Itau Unibanco Holding Sa stock a good investment? Should you buy shares of ITUB? How do ITUB's underlying business fundamentals look? Do top analysts think Itau Unibanco Holding Sa is a good buy? Why has ITUB's stock price moved recently? (Hint: Our stock research website can help you figure out if ITUB is a good stock to buy).
- Execute your ITUB trade: Decide if you will purchase ITUB shares at the current market price or use a limit order to purchase ITUB stock at a specific price.
- Keep an eye on your investment in ITUB: Create a watchlist to track your new investment in Itau Unibanco Holding Sa stock.
Step 1: Decide where to buy Itau Unibanco Holding Sa stock
You will need an online brokerage account to access the NYSE market and buy ITUB stock.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal info so you can invest in ITUB today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on one of the most highly reviewed stock market apps, you need to deposit funds:
Check out the tutorial below if you need help depositing funds into your brokerage account.
Step 4: Analyze Itau Unibanco Holding Sa stock
Once you have selected the best place to buy Itau Unibanco Holding Sa stock, it's very important to analyze their stock prior to investing, so you can understand the risk and upside.
Overview of key ITUB info
Itau Unibanco Holding Sa Due Diligence Checks
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on ITUB's stock page.
Is ITUB stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge ITUB's fair value.
Using relative valuations methods:
- ITUB could be undervalued based on its P/E ratio of 10.21x, relative to Banks - Regional industry P/E ratio of -10.44x
- ITUB could be overvalued based on its P/B ratio of 1.81x, relative to Banks - Regional industry P/B ratio of 0.99x
- ITUB may be undervalued based on its PEG ratio of 0.57x
You can access more valuation analysis on ITUB's stock here.
How do ITUB Financials look?
Signs that ITUB is financially healthy:
- ITUB's operating cash flow of $26.10B allows it to safely service it's debt of $33.74B.
- ITUB earnings of $9.25B is not enough to cover its interest payments.
- ITUB profit margin has gone up from 23.9% to 25.7% in the past year.
Signs that ITUB is not financially healthy:
- ITUB has a relatively high debt to equity ratio of 12.78.
- Total ITUB debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy ITUB stock, according to Wall Street analysts?
Out of 1 Equities analysts who monitor ITUB, the consensus analyst rating on ITUB is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Itau Unibanco Holding Sa stock forecast page.
ITUB Momentum
ITUB Performance Metrics
Last year, ITUB earnings were $5.96B. In the last 5 year, ITUB's earnings have increased by -4.44% per year. This was slower than the Banks - Regional industry average of 16.35%.
Last year, ITUB revenue was $23.21B. In the past five year, ITUB's revenue has increased by -4.39% per year. This was slower than the Banks - Regional industry average of 7.4%.
Find out more about ITUB's earnings and revenue performance here.
Latest Insiders Trades at ITUB
In the last year, insiders at ITUB have not bought or sold any shares.
Dig into more about who owns ITUB stock here.
Does ITUB stock generate passive income?
Itau Unibanco Holding Sa pays a dividend of 6.79%, compared to the Banks - Regional industry's average dividend yield of 3.81%. If you owned $1,000 of ITUB stock, you would have received $67.91 in the past year.
Itau Unibanco Holding Sa dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Itau Unibanco Holding Sa dividend yield and history here.
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Step 5: Execute your ITUB trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you want additional help investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your investment in ITUB
Now that you own some ITUB shares, you'll want to keep up with your new shares.
Put ITUB on a watchlist to get notified of important updates regarding your ITUB stock.
ITUB Feed
How to Buy Stock in Itau Unibanco Holding Sa
To summarize, here are the 6 steps for buying Itau Unibanco Holding Sa stock:
- Decide where to buy Itau Unibanco Holding Sa stock
- Open your brokerage account
- Deposit money your brokerage account
- Analyze Itau Unibanco Holding Sa stock
- Execute your ITUB trade
- Keep an eye on your investment in ITUB
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your investment in Itau Unibanco Holding Sa, add ITUB to your watchlist by clicking the button below.
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