Earnings Report: Here’s what to expect from Banco Macro Stock Forecast, Price & News (NYSE:BMA)

Earnings results for Banco Macro Stock Forecast, Price & News (NYSE:BMA)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 2.12 and remained the same over the past month at 2.12. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 8.07 and remained the same over the past month at 8.07 . none raised and none lowered their forecast.

Banco Macro last released its quarterly earnings data on June 10th, 2020. The bank reported $1.80 EPS for the quarter, missing analysts’ consensus estimates of $2.26 by $0.46. The company earned $436.93 million during the quarter. Banco Macro has generated $10.87 earnings per share over the last year and currently has a price-to-earnings ratio of 1.7. Banco Macro has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, August 19th, 2020 based off prior year’s report dates.

Analyst Opinion on Banco Macro Stock Forecast, Price & News (NYSE:BMA)

5 Wall Street analysts have issued ratings and price targets for Banco Macro in the last 12 months. There are currently 4 sell ratings and 1 hold rating for the stock, resulting in a consensus rating of “Sell.”

Dividend Strength: Banco Macro Stock Forecast, Price & News (NYSE:BMA)

Banco Macro does not currently pay a dividend. Banco Macro does not have a long track record of dividend growth.

Insiders buying/selling: Banco Macro Stock Forecast, Price & News (NYSE:BMA)

In the past three months, Banco Macro insiders have not sold or bought any company stock. Only 19.67% of the stock of Banco Macro is held by institutions.

Earnings and Valuation of Banco Macro Stock Forecast, Price & News (NYSE:BMA

Earnings for Banco Macro are expected to grow by 2.97% in the coming year, from $8.07 to $8.31 per share. The P/E ratio of Banco Macro is 1.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.32. The P/E ratio of Banco Macro is 1.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.68. Banco Macro has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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