Banco BBVA Argentina S.A. (NYSE:BBAR) has a beta value of 1.40 and has seen 0.31 million shares traded in the last trading session. The company, currently valued at $1.54B, closed the last trade at $4.18 per share which meant it lost -$0.02 on the day or -0.48% during that session. The BBAR stock price is -14.83% off its 52-week high price of $4.80 and 45.69% above the 52-week low of $2.27. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.75 million shares traded. The 3-month trading volume is 381.27K shares.
The consensus among analysts is that Banco BBVA Argentina S.A. (BBAR) is an Overweight stock at the moment, with a recommendation rating of 3.20. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.16.
Banco BBVA Argentina S.A. (NYSE:BBAR) trade information
Sporting -0.48% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the BBAR stock price touched $4.18 or saw a rise of 12.92%. Year-to-date, Banco BBVA Argentina S.A. shares have moved 30.22%, while the 5-day performance has seen it change 1.21%. Over the past 30 days, the shares of Banco BBVA Argentina S.A. (NYSE:BBAR) have changed 35.71%. Short interest in the company has seen 0.99 million shares shorted with days to cover at 4.81.
Wall Street analysts have a consensus price target for the stock at $6.75, which means that the shares’ value could jump 38.07% from current levels. The projected low price target is $3.00 while the price target rests at a high of $10.51. In that case, then, we find that the current price level is -151.44% off the targeted high while a plunge would see the stock lose 28.23% from current levels.
Banco BBVA Argentina S.A. (BBAR) estimates and forecasts
The company’s shares have gained 64.57% over the past 6 months, compared to 26.10% for the industry. Revenue growth from the last financial year stood is estimated to be -18.70%.
1 analysts offering their estimates for the company have set an average revenue estimate of $225.5 million for the current quarter. 1 have an estimated revenue figure of $234.26 million for the next quarter concluding in Sep 2021.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 22.80% over the past 5 years. Earnings growth for 2021 is a modest -38.90% while over the next 5 years, the company’s earnings are expected to increase by 31.93%.
Banco BBVA Argentina S.A. is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Banco BBVA Argentina S.A. (NYSE:BBAR)’s Major holders
Insiders own 0.00% of the company shares, while shares held by institutions stand at 2.89% with a share float percentage of 2.89%. Investors are also buoyed by the number of investors in a company, with Banco BBVA Argentina S.A. having a total of 65 institutions that hold shares in the company. The top two institutional holders are State Street Corporation with over 0.74 million shares worth more than $2.39 million. As of Jun 29, 2021, State Street Corporation held 0.36% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 0.73 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $2.37 million and represent 0.36% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are GMO Emerging Markets Fund and SPDR (R) Ser Tr-SPDRï¿½ Kensho New Economies Composite ETF. As of May 30, 2021, the former fund manager holds about 0.11% shares in the company for having 0.23 million shares of worth $0.77 million while later fund manager owns 0.18 million shares of worth $0.59 million as of Jun 29, 2021, which makes it owner of about 0.09% of company’s outstanding stock.