Recent meaningful positive changes in fundamentals have benefitted Banco Macro SA (NYSE: BMA): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Recent meaningful positive changes in investment behavior have benefitted Banco Macro SA (NYSE: BMA): the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
BMA’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Banco Macro has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Banco Macro has a neutral Appreciation Score of 53 but a very high Power Rating of 100, resulting in the Highest Value Trend Rating.
Recent Price Action
Banco Macro SA (NYSE: BMA) stock closed at $57.33 on 6/28/24 after a slight decline of -1.0%. However, this decline was accompanied by below average trading volume at 72% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -2.5% during the last week.
Be the first to comment