In the last trading session, 3.45 million BBVA Argentina ADR (NYSE:BBAR) shares changed hands as the company’s beta touched 1.40. With the company’s per share price at $5.23 changed hands at $0.82 or 18.59% during last session, the market valuation stood at $1.07B. BBAR’s last price was a discount, traded about -19.5% off its 52-week high of $6.25. The share price had its 52-week low at $2.44, which suggests the last value was 53.35% up since then. When we look at BBVA Argentina ADR’s average trading volume, we note the 10-day average is 0.41 million shares, with the 3-month average coming to 580.88K.
Analysts gave the BBVA Argentina ADR (BBAR) stock a consensus recommendation rating of a Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended BBAR as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. BBVA Argentina ADR’s EPS for the current quarter is expected to be $0.
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BBVA Argentina ADR (NYSE:BBAR) trade information
Instantly BBAR was in green as seen at the end of in last trading. With action 25.12%, the performance over the past five days has been green. The jump to weekly highs of 5.47 on Monday, 11/20/23 added 18.59% to the stock’s daily price. The company’s shares are showing year-to-date upside of 41.64%, with the 5-day performance at 25.12% in the green. However, in the 30-day time frame, BBVA Argentina ADR (NYSE:BBAR) is 31.08% up. Looking at the short shares, we see there were 1.0 million shares sold at short interest cover period of 1.53 days.
The consensus price target for the stock as assigned by Wall Street analysts is $4.50, meaning bulls need a downside of -16.22% from its current market value. According to analyst projections, BBAR’s forecast low is $4.50 with $4.50 as the target high. To hit the forecast high, the stock’s price needs a 13.96% surge from its current level, while the stock would need to tank 13.96% for it to hit the projected low.
BBVA Argentina ADR (BBAR) estimates and forecasts
Year-over-year growth is forecast to reach 9.40% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of $205.53 million. 1 analysts are of the opinion that BBVA Argentina ADR’s revenue for the quarter ending Dec 2022 will be $222.99 million. The company’s revenue for the corresponding quarters a year ago was $1.07 billion and $422.56 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -80.80%. The estimates for the next quarter sales put growth at -47.20%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 35.92%. The 2023 estimates are for BBVA Argentina ADR earnings to decrease by -60.15%, but the outlook for the next 5-year period is at 31.93% per year.
BBAR Dividends
BBVA Argentina ADR is expected to release its next quarterly earnings report in December. The 4.50% annual yield figure for the share gives it an annual dividend of 0.24. It is important to note, however, that the 4.50% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.