A History of Outperforming Analyst Forecasts and Beating the Odds: Banco Macro S.A. ADR (BMA)

With 0.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.31 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $111.95 whereas the lowest price it dropped to was $102.1001. The 52-week range on BMA shows that it touched its highest point at $118.42 and its lowest point at $22.95 during that stretch. It currently has a 1-year price target of $133.45. With its current market cap of 6.56 billion, BMA has annualized dividend of $5.30 while the current yield stands at 5.08%. BMA paid its most recent dividend on 1723766400, while the ex-dividend date for that was 1723766400. Beta for the stock currently stands at 1.69.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BMA was down-trending over the past week, with a drop of -8.25%, but this was down by -2.23% over a month. Three-month performance surged to 48.60% while six-month performance rose 111.24%. The stock gained 317.19% in the past year, while it has gained 7.95% so far this year. A look at the trailing 12-month EPS for BMA yields 20.54 with Next year EPS estimates of 11.99. For the next quarter, that number is 2.36. This implies an EPS growth rate of -54.10% for this year and 139.64% for next year.

Float and Shares Shorts:

At present, 62.82 million BMA shares are outstanding with a float of 62.81 million shares on hand for trading. On 2024-11-15, short shares totaled 0.63 million, which was 100.0 higher than short shares on 1728950400. In addition to Mr. Jorge Francisco Scarinci C.F.A. as the firm’s CFO, Finance Manager & IR Manager, Mr. Gerardo Adrian Alvarez serves as its Operations & Compliance Manager.

Institutional Ownership:

Through their ownership of 0.11051 of BMA’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BMA since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BMA analysts setting a high price target of 157.0328 and a low target of 14.920321, the average target price over the next 12 months is 89.30034. Based on these targets, BMA could surge 50.34% to reach the target high and fall by -85.72% to reach the target low. Reaching the average price target will result in a decline of -14.5% from current levels.

Analysts have provided yearly estimates in a range of $6831.46659 being high and $4131.94632 being low. For BMA, this leads to a yearly average estimate of $5155.41677. Based on analyst estimates, the high estimate for the next quarter is $2315.85 and the low estimate is $2315.85. The average estimate for the next quarter is thus $2315.85.