BBVA Argentina ADR (NYSE: BBAR) is -7.82% lower on its value in year-to-date trading and has touched a low of $7.05 and a high of $25.01 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BBAR stock was last observed hovering at around $18.95 in the last trading session, with the day’s loss setting it -1.38%.
Currently trading at $17.57, the stock is -15.15% and -10.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.5 million and changing -7.28% at the moment leaves the stock 2.90% off its SMA200. BBAR registered 82.11% gain for a year compared to 6-month gain of 5.97%. The firm has a 50-day simple moving average (SMA 50) of $19.6998 and a 200-day simple moving average (SMA200) of $17.0755.
The stock witnessed a -8.01% loss in the last 1 month and extending the period to 3 months gives it a -7.62%, and is -15.49% 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 3.85% over the week and 3.15% over the month.
BBVA Argentina ADR (BBAR) has around 6289 employees, a market worth around $3.59B and $4.70B in sales. Current P/E ratio is 10.08 and Fwd P/E is 11.14. Profit margin for the company is 8.26%. Distance from 52-week low is 149.22% and -29.75% from its 52-week high. The company has generated returns on investments over the last 12 months (12.57%).
The EPS is expected to shrink by -22.68% this year
99.0 institutions hold shares in BBVA Argentina ADR (BBAR), with institutional investors hold 7.41% of the company’s shares. The shares outstanding are 204.24M, and float is at 204.01M with Short Float at 0.69%. Institutions hold 7.41% of the Float.
The top institutional shareholder in the company is FOURTH SAIL CAPITAL LP with over 2.36 million shares valued at $$21.84 million. The investor’s holdings represent 0.3854 of the BBAR Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 0.65 million shares valued at $$5.98 million to account for 0.3163 of the shares outstanding. The other top investors are POINTSTATE CAPITAL LP which holds 1.46 million shares representing 0.2381 and valued at over $$13.49 million, while ARROWSTREET CAPITAL, LIMITED PARTNERSHIP holds 0.2209 of the shares totaling 1.35 million with a market value of $$12.52 million.
