Banco BBVA Argentina S.A. (BBAR) Performance and Fundamentals Dashboard tells a completely different story

Banco BBVA Argentina S.A. (NYSE: BBAR) stock jumped 4.60% on Friday to $4.78 against a previous-day closing price of $4.57. With 0.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.71 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $4.7900 whereas the lowest price it dropped to was $4.5100. The 52-week range on BBAR shows that it touched its highest point at $5.11 and its lowest point at $1.94 during that stretch. It currently has a 1-year price target of $5.30. With its current market cap of 1.82 billion, BBAR has annualized dividend of $0.04 while the current yield stands at 0.73%. Beta for the stock currently stands at 1.20.

Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

And this is just one of our 5 Best Growth Stocks To Own For 2023.

Sponsored

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 BBAR was up-trending over the past week, with a rise of 3.24%, but this was up by 59.00% over a month. Three-month performance surged to 62.03% while six-month performance rose 138.98%. The stock gained 67.06% in the past year, while it has gained 22.56% so far this year. A look at the trailing 12-month EPS for BBAR yields 1.11 with Next year EPS estimates of 1.06. For the next quarter, that number is 0.21. This implies an EPS growth rate of 27.10% for this year and 7.10% for next year. EPS is expected to grow by 31.93% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 38.50%.


Float and Shares Shorts:

At present, 204.24 million BBAR shares are outstanding with a float of 69.24 million shares on hand for trading. On Oct 13, 2022, short shares totaled 0.89 million, which was 0.44% higher than short shares on Sep 14, 2022. In addition to Mr. Martin Ezequiel Zarich as the firm’s Chief Exec. Officer, Mr. Carlos Elizalde serves as its Chief Corp. & Investment Banking Officer.

Institutional Ownership:

Through their ownership of 2.25% of BBAR’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 1.51% of BBAR, in contrast to 0.40% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in BBAR with 0.44% of the stake, Arrowstreet Capital LP holds 899,906 shares worth 899,906. A second-largest stockholder of BBAR, SSgA Funds Management, Inc., holds 532,090 shares, controlling over 0.26% of the firm’s shares. Paloma Partners Management Co. is the third largest shareholder in BBAR, holding 531,924 shares or 0.26% stake. With a 0.13% stake in BBAR, the SPDR S&P Kensho New Economies Com is the largest stakeholder. A total of 271,305 shares are owned by the mutual fund manager. The HAMCO Global Value Fund, FI, which owns about 0.13% of BBAR stock, is the second-largest Mutual Fund holder. It holds 257,380 shares valued at 1.0 million. Global X MSCI Argentina ETF holds 0.07% of the stake in BBAR, owning 137,581 shares worth 0.54 million.


Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BBAR since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 BBAR analysts setting a high price target of $7.50 and a low target of $7.50, the average target price over the next 12 months is $7.50. Based on these targets, BBAR could surge 56.9% to reach the target high and rise by 56.9% to reach the target low. Reaching the average price target will result in a growth of 56.9% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. BBAR will report FY 2022 earnings on 02/15/2024. Analysts have provided yearly estimates in a range of $1.86 being high and $1.86 being low. For BBAR, this leads to a yearly average estimate of $1.86. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Banco BBVA Argentina S.A. surprised analysts by $0.08 when it reported $0.29 EPS against a consensus estimate of $0.21. The surprise factor in the prior quarter was $0.33. Based on analyst estimates, the high estimate for the next quarter is $0.32 and the low estimate is $0.32. The average estimate for the next quarter is thus $0.32.

Leave a Comment

Your email address will not be published. Required fields are marked *