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.

Many analysts weighed in on price targets for BMA. The most optimistic analyst gave a price target of 142.46, implying potential capital gains of 61.78 percent. The lowest price target was 85.16, implying potential capital losses of -3.29 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.84 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. If we look at the last 90 days instead, we find a net average change of 0.2 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

BMA has an estimated earnings growth rate of 10.14 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of BMA is 1.11.

BMA has a 52-week high of 97.86 and a 52-week low of 61.12. Today's price is 44.08 percent above the 52-week low, and 10.01 percent below the high. BMA has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.