Closing Figures Unveiled: Grupo Financiero Galicia ADR (GGAL) Drop -2.77, Closes at 68.90

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Grupo Financiero Galicia ADR (NASDAQ: GGAL) closed the day trading at $68.90 down -2.77% from the previous closing price of $70.86. In other words, the price has decreased by -$2.77 from its previous closing price. On the day, 1.03 million shares were traded. GGAL stock price reached its highest trading level at $70.97 during the session, while it also had its lowest trading level at $68.82.

Ratios:

For a better understanding of GGAL, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.05.

On August 30, 2024, JP Morgan Upgraded its rating to Overweight which previously was Underweight but kept the price unchanged to $54.

BofA Securities Upgraded its Underperform to Buy on August 08, 2024, whereas the target price for the stock was revised from $28 to $36.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GGAL now has a Market Capitalization of 12920335360 and an Enterprise Value of -5287880687616. As of this moment, Grupo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.56, and their Forward P/E ratio for the next fiscal year is 9.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 2.22. Its current Enterprise Value per Revenue stands at -0.801.

Stock Price History:

The Beta on a monthly basis for GGAL is 1.84, which has changed by 2.3298872 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, GGAL has reached a high of $74.00, while it has fallen to a 52-week low of $16.54. The 50-Day Moving Average of the stock is 10.41%, while the 200-Day Moving Average is calculated to be 62.79%.

Shares Statistics:

Over the past 3-months, GGAL traded about 1.12M shares per day on average, while over the past 10 days, GGAL traded about 1212500 shares per day. A total of 119.35M shares are outstanding, with a floating share count of 119.25M. Insiders hold about 0.09% of the company’s shares, while institutions hold 25.82% stake in the company. Shares short for GGAL as of 1735603200 were 4505959 with a Short Ratio of 4.04, compared to 1732838400 on 3547791. Therefore, it implies a Short% of Shares Outstanding of 4505959 and a Short% of Float of 5.3400002.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.95.

Earnings Estimates

Grupo Financiero Galicia ADR (GGAL) is currently under the scrutiny of 3.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $3.04, with high estimates of $3.04 and low estimates of $3.04.

Analysts are recommending an EPS of between $27.69 and $9.07 for the fiscal current year, implying an average EPS of $17.34. EPS for the following year is $8.76, with 4.0 analysts recommending between $11.48 and $5.56.

Revenue Estimates

2 analysts predict $1.25B in revenue for the current quarter. It ranges from a high estimate of $1.38B to a low estimate of $1.12B. As of the current estimate, Grupo Financiero Galicia ADR’s year-ago sales were $835.51M

A total of 5 analysts have provided revenue estimates for GGAL’s current fiscal year. The highest revenue estimate was $8.26B, while the lowest revenue estimate was $5.2B, resulting in an average revenue estimate of $6.62B. In the same quarter a year ago, actual revenue was $2.6BBased on 5 analysts’ estimates, the company’s revenue will be $6.5B in the next fiscal year. The high estimate is $7.74B and the low estimate is $4.9B.

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