While Banco Macro S.A. ADR has underperformed by -0.02%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BMA rose by 229.57%, with highs and lows ranging from $118.42 to $28.00, whereas the simple moving average jumped by 28.94% in the last 200 days.
On December 16, 2024, Morgan Stanley Upgraded Banco Macro S.A. ADR (NYSE: BMA) to Overweight. A report published by JP Morgan on August 30, 2024, Upgraded its rating to ‘Neutral’ for BMA. BofA Securities also Upgraded BMA shares as ‘Neutral’, setting a target price of $62 on the company’s shares in a report dated August 08, 2024. JP Morgan January 31, 2022d the rating to Underweight on January 31, 2022, and set its price target from $15 to $12. HSBC Securities September 25, 2020d its ‘Reduce’ rating to ‘Buy’ for BMA, as published in its report on September 25, 2020. Scotiabank also rated the stock as ‘Sector Underperform’.
Analysis of Banco Macro S.A. ADR (BMA)
The current dividend for BMA investors is set at $5.30 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -43.38%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Banco Macro S.A. ADR’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 39.59% is sufficient for you to turn a profit off your investment.
As an indicator of volatility for any stock, average volume can also be very valuable, and BMA is recording an average volume of 349.63K. On a monthly basis, the volatility of the stock is set at 5.60%, whereas on a weekly basis, it is put at 5.09%, with a loss of -1.23% over the past seven days. Furthermore, long-term investors anticipate a median target price of $148.77, showing growth from the present price of $92.17, which can serve as yet another indication of whether BMA is worth investing in or should be passed over.
How Do You Analyze Banco Macro S.A. ADR Shares?
Banco Macro S.A. ADR (BMA) is based in the Argentina and is one of the most prominent companies operating in the Banks – Regional market. When comparing Banco Macro S.A. ADR shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 4.49, there is a growth in quarterly earnings of 304.61%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.12%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 11.97% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BMA shares are owned by institutional investors to the tune of 11.97% at present.
