At the time of writing, Banco Macro S.A. ADR [BMA] stock is trading at $106.83, up 14.90%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BMA shares have gain 24.32% over the last week, with a monthly amount glided 35.16%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Banco Macro S.A. ADR [NYSE: BMA] stock has seen the most recent analyst activity on December 16, 2024, when Morgan Stanley upgraded its rating to a Overweight but kept the price target unchanged to $12.50 for it. Previously, JP Morgan upgraded its rating to Neutral on August 30, 2024, and elevated its price target to $78. On August 08, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $62 on the stock. JP Morgan downgraded its rating to a Underweight and decreased its price target to $12 on January 31, 2022. HSBC Securities upgraded its rating to a Buy. HSBC Securities downgraded its rating to Reduce for this stock on July 21, 2020. In a note dated January 17, 2020, Scotiabank downgraded an Sector Underperform rating on this stock.
For the past year, the stock price of Banco Macro S.A. ADR fluctuated between $22.28 and $93.65. Currently, Wall Street analysts expect the stock to reach $78 within the next 12 months. Banco Macro S.A. ADR [NYSE: BMA] shares were valued at $106.83 at the most recent close of the market. An investor can expect a potential drop of -26.99% based on the average BMA price forecast.
Analyzing the BMA fundamentals
According to Banco Macro S.A. ADR [NYSE:BMA], the company’s sales were 10.57B for trailing twelve months, which represents an -43.38% plunge. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.21 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 99.39 points at the first support level, and at 91.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 111.13, and for the 2nd resistance point, it is at 115.42.
Ratios To Look Out For
It is important to note that Banco Macro S.A. ADR [NYSE:BMA] has a current ratio of 0.95. Considering the valuation of this stock, the price to sales ratio is 0.64, the price to book ratio is 1.79 and price to earnings (TTM) ratio is 5.20.
