BBVA Argentina ADR (NYSE:BBAR) Is Currently -7.29% Below Its 52-Week High, But Upside Potential Is Still There.

In last trading session, BBVA Argentina ADR (NYSE:BBAR) saw 0.35 million shares changing hands with its beta currently measuring 1.51. Company’s recent per share price level of $17.00 trading at $0.64 or 3.91% at ring of the bell on the day assigns it a market valuation of $3.47B. That closing price of BBAR’s stock is at a discount of -7.29% from its 52-week high price of $18.24 and is indicating a premium of 77.06% from its 52-week low price of $3.90. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.75 million shares which gives us an average trading volume of 772.67K if we extend that period to 3-months.

BBVA Argentina ADR (NYSE:BBAR) trade information

Upright in the green during last session for gaining 3.91%, in the last five days BBAR remained trading in the green while hitting it’s week-highest on Tuesday, 11/26/24 when the stock touched $17.00 price level, adding 1.05% to its value on the day. BBVA Argentina ADR’s shares saw a change of 271.25% in year-to-date performance and have moved 3.66% in past 5-day. BBVA Argentina ADR (NYSE:BBAR) showed a performance of 25.28% in past 30-days. Number of shares sold short was 1.96 million shares which calculate 3.16 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 76.21% of value to its shares in past 6 months, showing an annual growth rate of 6.82% while that of industry is 4.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 88.53% 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 107.42% while estimates for its earnings growth in next 5 years are of 31.93%.

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.

On the other hand, Global X Fds-Global X MSCI Argentina ETF and Invesco ETF Tr-Invesco Zacks Multi Asset Income ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 912.25 shares of worth $15.13 million or 0.45% of the total outstanding shares. The later fund manager was in possession of 124.14 shares on Sep 30, 2024 , making its stake of worth around $2.06 million in the company or a holder of 0.06% of company’s stock.