Banco Macro S.A. ADR (NYSE:BMA)’s traded shares stood at 0.56 million during the last session, with the company’s beta value hitting 1.69. At the close of trading, the stock’s price was $104.45, to imply a decrease of -6.43% or -$7.18 in intraday trading. The BMA share’s 52-week high remains $118.42, putting it -13.37% down since that peak but still an impressive 78.03% since price per share fell to its 52-week low of $22.95. The company has a valuation of $6.56B, with an average of 0.38 million shares in intraday trading volume over the past 10 days and average of 312.54K shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Banco Macro S.A. ADR (BMA), translating to a mean rating of 1.40. Of 1 analyst(s) looking at the stock, 0 analyst(s) give BMA a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 2198.21.
Banco Macro S.A. ADR (NYSE:BMA) trade information
After registering a -6.43% downside in the last session, Banco Macro S.A. ADR (BMA) has traded red over the past five days. The 5-day price performance for the stock is -8.25%, and -2.23% over 30 days. With these gigs, the year-to-date price performance is 7.95%. Short interest in Banco Macro S.A. ADR (NYSE:BMA) saw shorts transact 0.63 million shares and set a 2.5 days time to cover.
The extremes give us $78 and $78 for target low and target high price respectively. As such, BMA has been trading 25.32% off suggested target high and 25.32% from its likely low.
Banco Macro S.A. ADR (BMA) estimates and forecasts
Looking at statistics comparing Banco Macro S.A. ADR share performance against respective industry, we note that the company has underperformed competitors. Banco Macro S.A. ADR (BMA) shares are 111.24% up over the last 6 months, with its year-to-date growth rate lower than industry average at -30.72% against 6.30%. The rating firms project that company’s revenue will grow 289.88% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 820.06B.
BMA Dividends
Banco Macro S.A. ADR has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Banco Macro S.A. ADR has a forward dividend ratio of 5.30, with the share yield ticking at 5.08% to continue the rising pattern observed over the past year.
The next major institution holding the largest number of shares is TT INTERNATIONAL ASSET MANAGEMENT LTD with 0.5 million shares, or about 0.0785% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $28.76 million.
We also have Global X Fds-Global X MSCI Argentina ETF and Blair (William) Mutual Funds, Inc.- Emerging Markets Small Cap Grw Fd as the top two Mutual Funds with the largest holdings of the Banco Macro S.A. ADR (BMA) shares. Going by data provided on Nov 30, 2024 , Global X Fds-Global X MSCI Argentina ETF holds roughly 427.25 shares. This is just over 0.68% of the total shares, with a market valuation of $44.63 million. Data from the same date shows that the other fund manager holds a little less at 120.46, or 0.19% of the shares, all valued at about 12.58 million.
