On Friday, Banco Macro S.A. ADR (NYSE: BMA) was 5.44% up from the session before settling in for the closing price of $55.74. A 52-week range for BMA has been $15.44 – $62.29.
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A company in the Financial sector has jumped its sales by 53.82% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 12.89%. With a float of $62.81 million, this company’s outstanding shares have now reached $62.82 million.
In terms of profitability, gross margin is 100.0%, operating margin of 18.51%, and the pretax margin is 10.36%.
Banco Macro S.A. ADR (BMA) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Banco Macro S.A. ADR stocks. The insider ownership of Banco Macro S.A. ADR is 0.02%, while institutional ownership is 9.83%.
Banco Macro S.A. ADR (BMA) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 12/31/2023, it has been observed that the corporation posted 1.97 earnings per share (EPS) during the time that was better than consensus figure (set at 1.65) by 0.32. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.65 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.74% during the next five years compared to 29.81% growth over the previous five years of trading.
Banco Macro S.A. ADR (NYSE: BMA) Trading Performance Indicators
You can see what Banco Macro S.A. ADR (BMA) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32. Likewise, its price to free cash flow for the trailing twelve months is 0.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 19.41, a number that is poised to hit 2.68 in the next quarter and is forecasted to reach 15.94 in one year’s time.
Technical Analysis of Banco Macro S.A. ADR (BMA)
Let’s dig in a bit further. During the last 5-days, its volume was 0.34 million. That was inferior than the volume of 0.37 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 53.64%. Additionally, its Average True Range was 2.94.
During the past 100 days, Banco Macro S.A. ADR’s (BMA) raw stochastic average was set at 63.60%, which indicates a significant decrease from 77.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.62% in the past 14 days, which was lower than the 58.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.06, while its 200-day Moving Average is $44.87. However, in the short run, Banco Macro S.A. ADR’s stock first resistance to watch stands at $60.84. Second resistance stands at $62.91. The third major resistance level sits at $64.65. If the price goes on to break the first support level at $57.03, it is likely to go to the next support level at $55.29. Assuming the price breaks the second support level, the third support level stands at $53.22.
Banco Macro S.A. ADR (NYSE: BMA) Key Stats
There are 63,940K outstanding shares of the company, which has a market capitalization of 3.69 billion. As of now, sales total 17,288 M while income totals 2,232 M. Its latest quarter income was 942,270 K while its last quarter net income were -257,080 K.
