BBVA Argentina ADR (NYSE:BBAR) Stock Boosted 235.66% So Far In 2024, What Analysts Expect Next?

In last trading session, BBVA Argentina ADR (NYSE:BBAR) saw 0.76 million shares changing hands with its beta currently measuring 1.50. Company’s recent per share price level of $15.37 trading at -$0.4 or -2.54% at ring of the bell on the day assigns it a market valuation of $3.14B. That closing price of BBAR’s stock is at a discount of -4.88% from its 52-week high price of $16.12 and is indicating a premium of 77.62% from its 52-week low price of $3.44. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.12 million shares which gives us an average trading volume of 771.32K if we extend that period to 3-months.

BBVA Argentina ADR (NYSE:BBAR) trade information

Upright in the red during last session for losing -2.54%, in the last five days BBAR remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $15.37 price level, adding 4.65% to its value on the day. BBVA Argentina ADR’s shares saw a change of 235.66% in year-to-date performance and have moved 11.54% in past 5-day. BBVA Argentina ADR (NYSE:BBAR) showed a performance of 28.73% in past 30-days. Number of shares sold short was 1.69 million shares which calculate 2.63 days to cover the short interests.

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BBVA Argentina ADR (BBAR) estimates and forecasts

Statistics highlight that BBVA Argentina ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 65.01% of value to its shares in past 6 months, showing an annual growth rate of 6.82% while that of industry is 4.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -43.70% from the last financial year’s standing.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 36.12% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 109.43% while estimates for its earnings growth in next 5 years are of 31.93%.

BBAR Dividends

BBVA Argentina ADR is more likely to be releasing its next quarterly report on 2024-Aug-21 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 0.00%, the share has a forward dividend of 0.00 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 5.87%.

BBVA Argentina ADR (NYSE:BBAR)’s Major holders

FOURTH SAIL CAPITAL LP is the top institutional holder at BBAR for having 2.36 million shares of worth $21.84 million. And as of 2024-06-30, it was holding 1.1562 of the company’s outstanding shares.

The second largest institutional holder is POINTSTATE CAPITAL LP, which was holding about 1.46 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.7141 of outstanding shares, having a total worth of $13.49 million.