Alert: New Earnings Report (5/22/24)-Banco BBVA Argentina SA (NYSE: BBAR).

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For its first fiscal quarter (ending March 31), Banco BBVA Argentina SA (NYSE: BBAR) has reported E.P.S. of $0.20 compared to $0.35 a year ago. E.P.S. were $0.80 for the latest four quarters through March 31 versus $1.80 for the same period a year ago.

Recent Price Action

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On 5/22/24, Banco BBVA Argentina SA (NYSE: BBAR) stock suffered a large decline of -5.5%, closing at $10.70. Moreover, above average trading volume at 121% of normal accompanied the decline. The stock has declined -4.8% during the last week but has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, BBAR is expected to continue to be a major Value Builder.

Banco BBVA Argentina has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Banco BBVA Argentina has a good Appreciation Score of 83 and a very high Power Rating of 100, leading to the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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