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.

BMA was given price targets by several analysts. The maximum price target given was 142.46, which equates to a potential upside of 61.78 percent. The most pessimistic price target was 85.16, which equates to a potential downside of -3.29 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average 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. 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 made positive revisions to their quarterly estimates over the past month, 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, while 2 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of BMA to grow at a rate of 10.14 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, 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 below the high by 10.01 percent. 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 market cap of BMA is $5.91 billion. BMA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.