Is BBVA Argentina ADR (NYSE: BBAR) Proving The Doubters Wrong?

BBVA Argentina ADR (BBAR) concluded trading on 11/22/23 at a closing price of $4.37, with 2.52 million shares of worth about $11.01 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.66% during that period and on Wednesday the price saw a loss of about -12.60%. Currently the company’s common shares owned by public are about 204.24M shares, out of which, 204.21M shares are available for trading.

A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analysts are covering the BBAR stock and their offered price forecasts bring an average price target of $4.50. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $4.50 and could fall to a lowest price of $4.50. The stock’s current price level is 2.89% above of average price target set by the analysts, while a rise to estimated low would result in gain of 2.89% for the stock. However, touching the estimated high of $4.50 would mean a gain of 2.89% for the stock.

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BBVA Argentina ADR (NYSE: BBAR) started trading at $5.18, above $0.18 from concluding price of the previous day. However, the stock later moved at a day high price of 5.2000, or with a loss of -12.60%. Stock saw a price change of 3.31% in past 5 days and over the past one month there was a price change of 13.51%. Year-to-date (YTD), BBAR shares are showing a performance of 18.35% which increased to 72.85% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.49 but also hit the highest price of $6.25 during that period. The average intraday trading volume for BBVA Argentina ADR shares is 639.19K. The stock is currently trading 1.76% above its 20-day simple moving average (SMA20), while that difference is up 0.52% for SMA50 and it goes to -5.61% lower than SMA200.

BBVA Argentina ADR (NYSE: BBAR) currently have 204.24M outstanding shares and institutions hold larger chunk of about 2.46% of that.

The stock has a current market capitalization of $892.53M and its 3Y-monthly beta is at 1.46. It has a debt-to-equity ratio of 0.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BBAR, volatility over the week remained 9.51% while standing at 6.04% over the month.

Analysts are in expectations that BBVA Argentina ADR (BBAR) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0.46 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.17 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -60.15% while it is estimated to increase by 82.61% in next year. EPS is likely to shrink at an annualized rate of 31.93% for next 5-years, compared to annual growth of 35.92% made by the stock over the past 5-years.

Analysts at 1 brokerage firms have issued recommendations for the BBVA Argentina ADR (BBAR)’s stock and average of those rates the stock at a “Hold” and assign it a score of 3.00. Out of those 1 Wall Street analysts, 0 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

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