Banco Macro (NYSE:BMA) will be announcing its earnings results after the market closes on Monday, February 19th. Analysts expect the company to announce earnings of $2.27 per share for the quarter.
Banco Macro (NYSE:BMA) opened at $94.84 on Monday. Banco Macro has a fifty-two week low of $76.34 and a fifty-two week high of $136.10. The company has a market cap of $6,400.00, a price-to-earnings ratio of 15.25, a price-to-earnings-growth ratio of 1.73 and a beta of 1.23. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.24 and a quick ratio of 1.24.
Several research firms recently commented on BMA. UBS Group downgraded shares of Banco Macro from an “outperform” rating to a “market perform” rating in a research note on Friday, November 24th. Zacks Investment Research downgraded shares of Banco Macro from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. ValuEngine upgraded shares of Banco Macro from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. Finally, Santander upgraded shares of Banco Macro from an “underperform” rating to a “hold” rating in a research note on Wednesday, December 6th. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Banco Macro presently has an average rating of “Buy” and a consensus price target of $112.35.
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Banco Macro SA is an Argnetina-based financial institution (the Bank) that offers traditional bank products and services to companies, including those operating in regional economies, as well as to individuals. In addition, the Bank performs certain transactions through its subsidiaries, including mainly Banco del Tucuman, Macro Bank Ltd, Macro Securities SA, Macro Fiducia SA and Macro Fondos SGFCI SA.
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