In last trading session, Banco Macro S.A. ADR (NYSE:BMA) saw 0.46 million shares changing hands with its beta currently measuring 1.77. Company’s recent per share price level of $84.00 trading at $1.96 or 2.39% at ring of the bell on the day assigns it a market valuation of $5.28B. That closing price of BMA’s stock is at a discount of -2.52% from its 52-week high price of $86.12 and is indicating a premium of 73.48% from its 52-week low price of $22.28. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.35 million shares which gives us an average trading volume of 284.00K if we extend that period to 3-months.
For Banco Macro S.A. ADR (BMA), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.67. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 3406.03 in the current quarter.
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Banco Macro S.A. ADR (NYSE:BMA) trade information
Upright in the green during last session for gaining 2.39%, in the last five days BMA remained trading in the green while hitting it’s week-highest on Tuesday, 11/26/24 when the stock touched $84.00 price level, adding 2.25% to its value on the day. Banco Macro S.A. ADR’s shares saw a change of 227.97% in year-to-date performance and have moved 4.99% in past 5-day. Banco Macro S.A. ADR (NYSE:BMA) showed a performance of 7.65% in past 30-days. Number of shares sold short was 0.63 million shares which calculate 2.5 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 78 to the stock, which implies a fall of -7.69% to its current value. Analysts have been projecting 78 as a low price target for the stock while placing it at a high target of 78. It follows that stock’s current price would jump 7.14% in reaching the projected high whereas dropping to the targeted low would mean a gain of 7.14% for stock’s current value.
Banco Macro S.A. ADR (BMA) estimates and forecasts
Statistics highlight that Banco Macro S.A. ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company added 38.83% of value to its shares in past 6 months, showing an annual growth rate of -44.10% while that of industry is 4.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 282.13% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 716.98B for the same.
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 29.81% during past 5 years.
Banco Macro S.A. ADR (NYSE:BMA)’s Major holders
CANDRIAM S.C.A. is the top institutional holder at BMA for having 0.75 million shares of worth $43.24 million. And as of 2024-06-30, it was holding 0.118 of the company’s outstanding shares.
The second largest institutional holder is TT INTERNATIONAL ASSET MANAGEMENT LTD, which was holding about 0.5 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.0785 of outstanding shares, having a total worth of $28.76 million.
On the other hand, Global X Fds-Global X MSCI Argentina ETF and Blair (William) Mutual Funds, Inc.- Emerging Markets Small Cap Grw Fd are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 296.92 shares of worth $25.21 million or 0.47% of the total outstanding shares. The later fund manager was in possession of 88.84 shares on Sep 30, 2024 , making its stake of worth around $7.54 million in the company or a holder of 0.14% of company’s stock.
