Analyst Ratings for Banco Macro S.A. ADR (BMA)

Updated: 2017-07-27

Banco Macro S.A. ADR (NYSE:BMA) was awarded an average rating of Overweight from investment analysts following the stock. Last month, BMA received an average rating of Overweight.

5 analysts declared BMA a buy, 0 gave an overweight rating, 6 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for BMA. The most optimistic analyst gave a price target of 142.46, implying potential capital gains of 61.78 percent. The most pessimistic analyst gave a price target of 85.16, implying potential capital losses of -3.29 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.84 percent. The average change in earnings estimates over the last 90 days is 0.03 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.62 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.2 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

Analysts estimate earnings of BMA to grow at a rate of 10.14 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. BMA has a PEG ratio of 1.11.

BMA has traded between a high of 97.86 and a low of 61.12 over the past year. Currently the stock is 44.08 percent higher than its low, and 10.01 percent below the high. BMA has a P/E ratio of 11.3. Investors typically compare the P/E ratio to a company's peers in the industry. The BMA value stock report compares BMA to some of its peers using value stock charts. The stock has a market capitalization of $5.91 billion. BMA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.