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.

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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.

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