Which analyst expects Grupo Financiero Galicia ADR (GGAL) to perform well in the near future?

Grupo Financiero Galicia ADR (NASDAQ: GGAL) closed the day trading at $24.37 down -1.65% from the previous closing price of $24.78. In other words, the price has decreased by -$0.41 from its previous closing price. On the day, 1062720 shares were traded.

Ratios:

For a better understanding of GGAL, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.08.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on January 31, 2022, Downgraded its rating to Underweight and sets its target price to $8 from $9 previously.

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 4.62B. As of this moment, Grupo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.94, and their Forward P/E ratio for the next fiscal year is 9.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 1.44.

Stock Price History:

Over the past 52 weeks, GGAL has reached a high of $24.82, while it has fallen to a 52-week low of $9.54. The 50-Day Moving Average of the stock is 20.40, while the 200-Day Moving Average is calculated to be 16.60.

Shares Statistics:

Over the past 3-months, GGAL traded about 1.02M shares per day on average, while over the past 10 days, GGAL traded about 843.03k shares per day. A total of 119.35M shares are outstanding, with a floating share count of 119.31M. Insiders hold about 0.03% of the company’s shares, while institutions hold 8.64% stake in the company. Shares short for GGAL as of Feb 29, 2024 were 2.44M with a Short Ratio of 2.39, compared to 3.05M on Jan 31, 2024.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 2.38%. The stock’s 5-year Average Dividend Yield is 0.95.

Earnings Estimates

Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of $0.56 for the current quarter, with a high estimate of $0.56 and a low estimate of $0.56, while EPS last year was $1.13. The consensus estimate for the next quarter is $1.06, with high estimates of $1.06 and low estimates of $1.06.

Analysts are recommending an EPS of between $6.77 and $6.77 for the fiscal current year, implying an average EPS of $6.77. EPS for the following year is $4.6, with 1 analysts recommending between $4.6 and $4.6.

Revenue Estimates

A total of 2 analysts have provided revenue estimates for GGAL’s current fiscal year. The highest revenue estimate was $8.72B, while the lowest revenue estimate was $364.97M, resulting in an average revenue estimate of $4.54B. In the same quarter a year ago, actual revenue was $2.32B, up 95.50% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $3.66B in the next fiscal year. The high estimate is $5.53B and the low estimate is $394.44M. The average revenue growth estimate for next year is down -19.60% from the average revenue estimate for this year.

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