rts logo

BSAC Stock Forecast: All the More Reason to Consider Banco Santander Chile SA ADR (BSAC) Now

Banco Santander Chile SA ADR (NYSE: BSAC) is 5.95% higher on its value in year-to-date trading and has touched a low of $16.89 and a high of $21.19 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BSAC stock was last observed hovering at around $20.51 in the last trading session, with the day’s gains setting it 0.14%.

Currently trading at $20.65, the stock is 2.98% and 4.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing 0.68% at the moment leaves the stock 6.99% off its SMA200. BSAC registered 7.05% gain for a year compared to 6-month loss of 4.14%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 6.06% gain in the last 1 month and extending the period to 3 months gives it a 9.38%, and is -0.39% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.61% over the week and 1.90% over the month.

Banco Santander Chile SA ADR (BSAC) has around 9229 employees, a market worth around $9.73B and $4.82B in sales. Current P/E ratio is 13.58 and Fwd P/E is 9.49. Profit margin for the company is 14.87%. Distance from 52-week low is 22.26% and -2.55% from its 52-week high. The company has generated returns on investments over the last 12 months (5.03%).

The EPS is expected to grow by 61.10% this year.

Banco Santander Chile SA ADR (BSAC) Top Institutional Holders

The shares outstanding are 471.12M, and float is at 471.10M with Short Float at 0.15%.

The top institutional shareholder in the company is SCHRODER INVESTMENT MANAGEMENT GROUP with over 4.22 million shares valued at $79.41 million. The investor’s holdings represent 0.8978% of the BSAC Shares outstanding. As of 2024-06-30, the second largest holder is JPMORGAN CHASE & CO with 3.85 million shares valued at $$72.52 million to account for 0.8199 of the shares outstanding. The other top investors are FRANKLIN RESOURCES INC which holds 3.13 million shares representing 0.6666% and valued at over $58.96 million, while ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC holds 0.6018 of the shares totaling 2.83 million with a market value of $53.23 million.

Banco Santander Chile SA ADR (BSAC) Insider Activity

#####

Related Posts