BBVA Argentina ADR (NYSE: BBAR)’s Potential for Significant Price Increase in the Near Future

In the latest trading session, 0.5 million BBVA Argentina ADR (NYSE:BBAR) shares changed hands as the company’s beta touched 1.69. With the company’s most recent per share price at $11.06 changing hands around $0.57 or 5.43% at last look, the market valuation stands at $2.26B. BBAR’s last price was a premium, traded about 4.7% off its 52-week high of $10.54. The share price had its 52-week low at $3.49, which suggests the last value was 68.44% up since then. When we look at BBVA Argentina ADR’s average trading volume, we note the 3-month average coming to 1.09 million.

BBVA Argentina ADR (NYSE:BBAR) trade information

Instantly BBAR is in green as seen in intraday trades today. With action 17.91%, the performance over the past five days has been green. The jump to weekly highs of 11.17 added 5.43% to the stock’s daily price. The company’s shares are showing year-to-date upside of 106.40%, with the 5-day performance at 17.91% in the green. However, in the 30-day time frame, BBVA Argentina ADR (NYSE:BBAR) is 20.61% up.

BBVA Argentina ADR (BBAR) estimates and forecasts

Data shows that the BBVA Argentina ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 160.51% over the past 6 months, a -15.91% in annual growth rate that is considerably lower than the industry average of 2.10%. Year-over-year growth is forecast to reach 33.70% up from the last financial year.

The company’s revenue for the corresponding quarters a year ago was 494.33M and 235.35M respectively.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 36.12%. The 2024 estimates are for BBVA Argentina ADR earnings to decrease by -41.37%, 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 June. The 0.00% annual yield figure for the share gives it an annual dividend of 0.00. It is important to note, however, that the 0.00% 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.