+Compare
BMA
Stock ticker: NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
3.04B

BMA Price Prediction, Banco Macro SA AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for BMA with price predictions
07:00 PM EST Dec 07, 2023

BMA in upward trend: 10-day moving average broke above 50-day moving average on November 21, 2023

The 10-day moving average for BMA crossed bullishly above the 50-day moving average on November 21, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 20, 2023. You may want to consider a long position or call options on BMA as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

BMA moved above its 50-day moving average on November 17, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BMA advanced for three days, in of 296 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 243 cases where BMA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for BMA moved out of overbought territory on December 04, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 33 similar instances where the indicator moved out of overbought territory. In of the 33 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where BMA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BMA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BMA broke above its upper Bollinger Band on November 24, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BMA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.072) is normal, around the industry mean (1.018). P/E Ratio (35.971) is within average values for comparable stocks, (17.490). Projected Growth (PEG Ratio) (0.468) is also within normal values, averaging (2.350). Dividend Yield (0.088) settles around the average of (0.045) among similar stocks. P/S Ratio (1.885) is also within normal values, averaging (2.589).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BMA’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock worse than average.

A.I. Advisor
published Earnings

BMA is expected to report earnings to rise 494.51% to $1.95 per share on February 21

Banco Macro SA BMA Stock Earnings Reports
Q4'23
Est.
$1.95
Q3'23
Missed
by $0.81
Q2'23
Missed
by $0.49
Q1'23
Missed
by $0.21
Q4'22
Missed
by $0.29
The last earnings report on November 22 showed earnings per share of 32 cents, missing the estimate of $1.14. With 270.64K shares outstanding, the current market capitalization sits at 3.04B.
A.I.Advisor
published Dividends

BMA paid dividends on September 28, 2023

Banco Macro SA BMA Stock Dividends
А dividend of $0.43 per share was paid with a record date of September 28, 2023, and an ex-dividend date of September 20, 2023. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Itau Unibanco Holding SA (NASDAQ:ITUB), US Bancorp (NASDAQ:USB), PNC Financial Services Group (NASDAQ:PNC), Banco Bradesco SA (NASDAQ:BBD), Deutsche Bank Aktiengesellschaft (NASDAQ:DB), Huntington Bancshares (NASDAQ:HBAN), Regions Financial Corp (NASDAQ:RF), KeyCorp (NASDAQ:KEY), Veritex Holdings (NASDAQ:VBTX).

Industry description

Regional banks have a smaller reach than major banks, and cater mostly to one region of a country, such as a state or within a group of states. They offer services often similar – albeit with some limitations/smaller scale – compared to major banks. Taking deposits, making loans, mortgages, leases, credit cards , fund management, insurance and investment banking. SunTrust Banks, State Street Corp., M&T Bank Corp. are some examples of U.S. regional banks.

Market Cap

The average market capitalization across the Regional Banks Industry is 5.57B. The market cap for tickers in the group ranges from 10.73K to 139.25B. HDB holds the highest valuation in this group at 139.25B. The lowest valued company is ACBCQ at 10.73K.

High and low price notable news

The average weekly price growth across all stocks in the Regional Banks Industry was 1%. For the same Industry, the average monthly price growth was 6%, and the average quarterly price growth was 6%. LLOBF experienced the highest price growth at 87%, while SIVBQ experienced the biggest fall at -25%.

Volume

The average weekly volume growth across all stocks in the Regional Banks Industry was -15%. For the same stocks of the Industry, the average monthly volume growth was 26% and the average quarterly volume growth was -4%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 65
Price Growth Rating: 52
SMR Rating: 37
Profit Risk Rating: 78
Seasonality Score: 25 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a regional bank

Industry RegionalBanks

Profile
Fundamentals
Details
Industry
Regional Banks
Address
Avenida Eduardo Madero 1182
Phone
+54 1152226730
Employees
8561
Web
https://www.macro.com.ar
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
ETFs / NAMEPrice $Chg $Chg %
XITK136.101.94
+1.44%
SPDR® FactSet Innovative Technology ETF
USSG42.880.15
+0.35%
Xtrackers MSCI USA ESG Leaders Eq ETF
RSPM32.170.04
+0.14%
Invesco S&P 500 Equal Weight Materials ETF
BHFAL20.81-0.26
-1.23%
Brighthouse Financial
DTRE40.96-0.68
-1.64%
First Trust Alerian Dsrupt Tech RE ETF

BMA and

Correlation & Price change

A.I.dvisor indicates that over the last year, BMA has been closely correlated with GGAL. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if BMA jumps, then GGAL could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BMA
1D Price
Change %
BMA100%
+3.03%
GGAL - BMA
93%
Closely correlated
+2.94%
BBAR - BMA
90%
Closely correlated
+1.91%
SUPV - BMA
86%
Closely correlated
+2.67%
ITUB - BMA
45%
Loosely correlated
+0.77%
INTR - BMA
42%
Loosely correlated
+0.20%
More