Banco Latinoamericano De Comercio Exterior SA (NYSE: BLX) is 6.72% higher on its value in year-to-date trading and has touched a low of $27.37 and a high of $42.88 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 BLX stock was last observed hovering at around $37.65 in the last trading session, with the day’s gains setting it 0.31%.
Currently trading at $37.96, the stock is 4.24% and 0.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 0.82% at the moment leaves the stock 10.30% off its SMA200. BLX registered 28.98% gain for a year compared to 6-month gain of 12.74%. The firm has a 50-day simple moving average (SMA 50) of $37.7906 and a 200-day simple moving average (SMA200) of $34.41455.
The stock witnessed a -0.63% loss in the last 1 month and extending the period to 3 months gives it a -2.01%, and is 9.87% up 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 3.22% over the week and 3.40% over the month.
Current P/E ratio is 6.77 and Fwd P/E is 5.92. Profit margin for the company is 24.79%. Distance from 52-week low is 38.69% and -11.47% from its 52-week high. The company has generated returns on investments over the last 12 months (5.08%).
The EPS is expected to grow by 6.07% this year
95.0 institutions hold shares in Banco Latinoamericano De Comercio Exterior SA (BLX), with institutional investors hold 42.78% of the company’s shares. The shares outstanding are 28.74M, and float is at 27.77M with Short Float at 0.81%. Institutions hold 42.78% of the Float.
The top institutional shareholder in the company is LSV ASSET MANAGEMENT with over 1.14 million shares valued at $33.94 million. The investor’s holdings represent 3.1244 of the BLX Shares outstanding. As of 2024-06-30, the second largest holder is BEDDOW CAPITAL MANAGEMENT INC with 0.38 million shares valued at $11.39 million to account for 1.0482 of the shares outstanding. The other top investors are LEE DANNER & BASS INC which holds 0.34 million shares representing 0.9231 and valued at over $10.03 million, while UNIPLAN INVESTMENT COUNSEL, INC. holds 0.8125 of the shares totaling 0.3 million with a market value of $8.82 million.
