With 1.6 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.27 million shares. The 52-week range on GGAL shows that it touched its highest point at $74.00 and its lowest point at $23.05 during that stretch. It currently has a 1-year price target of $92.13. With its current market cap of 8.28 billion, GGAL has annualized dividend of $0.29 while the current yield stands at 0.46%. Beta for the stock currently stands at 1.77.
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 GGAL was up-trending over the past week, with a rise of 7.17%, but this was up by 15.96% over a month. Three-month performance surged to 6.59% while six-month performance rose 14.08%. The stock gained 89.61% in the past year, while it has gained 0.24% so far this year. A look at the trailing 12-month EPS for GGAL yields 10.49 with Next year EPS estimates of 7.99. For the next quarter, that number is 0.87. This implies an EPS growth rate of -37.46% for this year and 38.07% for next year. EPS is expected to grow by 5.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.02%.
Float and Shares Shorts:
At present, 132.50 million GGAL shares are outstanding with a float of 132.40 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GGAL since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $9612.04303 being high and $6273.79215 being low. For GGAL, this leads to a yearly average estimate of $7937.61878. Based on analyst estimates, the high estimate for the next quarter is $1.32 and the low estimate is $1.32. The average estimate for the next quarter is thus $1.32.
