Analysts expect Banco Macro S.A. (NYSE:BMA) to report $2.15 EPS on August, 28.They anticipate $0.13 EPS change or 6.44 % from last quarter’s $2.02 EPS. BMA’s profit would be $137.47 million giving it 8.89 P/E if the $2.15 EPS is correct. After having $2.65 EPS previously, Banco Macro S.A.’s analysts see -18.87 % EPS growth. The stock increased 10.58% or $7.32 during the last trading session, reaching $76.48. About 788,986 shares traded or 24.87% up from the average. Banco Macro S.A. (NYSE:BMA) has declined 0.46% since August 10, 2018 and is downtrending. It has underperformed by 0.46% the S&P500.
Banco Macro S.A. (NYSE:BMA) Ratings Coverage
Among 2 analysts covering Macro Bank (NYSE:BMA), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Macro Bank has $6100 highest and $5500 lowest target. $58’s average target is -24.16% below currents $76.48 stock price. Macro Bank had 8 analyst reports since February 21, 2019 according to SRatingsIntel. JP Morgan maintained Banco Macro S.A. (NYSE:BMA) on Monday, July 22 with “Neutral” rating.
Banco Macro S.A. provides various banking services and products to individuals and corporate clients in Argentina. The company has market cap of $4.89 billion. It offers various retail services and products, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines , and money transfers. It has a 10.71 P/E ratio. The firm also provides personal loans, document discounts, mortgages, overdrafts, pledged loans, and credit card loans to retail customers.
More notable recent Banco Macro S.A. (NYSE:BMA) news were published by: Zacks.com which released: “Should Value Investors Buy Banco Macro (BMA) Stock? – Zacks.com” on January 28, 2019, also Zacks.com with their article: “What Makes Banco Macro (BMA) a New Strong Buy Stock – Zacks.com” published on April 23, 2019, Prnewswire.com published: “Banco Macro SA Informs the Market of the Filing of its Annual Report on form 20-F for the Fiscal Year Ended December 31, 2018 – PRNewswire” on May 10, 2019. More interesting news about Banco Macro S.A. (NYSE:BMA) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For August 7, 2019 – Benzinga” published on August 07, 2019 as well as Prnewswire.com‘s news article titled: “Banco Macro Announces Results for the First Quarter of 2019 – PRNewswire” with publication date: May 09, 2019.
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