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

BMA Banco Macro SA Forecast, Technical & Fundamental Analysis

a regional bank

Industry RegionalBanks
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for BMA with price predictions
07:00 PM EST Nov 28, 2023

Momentum Indicator for BMA turns positive, indicating new upward trend

BMA saw its Momentum Indicator move above the 0 level on November 20, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 78 similar instances where the indicator turned positive. In of the 78 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

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.

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 .

Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where BMA advanced for three days, in of 292 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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 (1.010). P/E Ratio (35.971) is within average values for comparable stocks, (17.403). Projected Growth (PEG Ratio) (0.468) is also within normal values, averaging (2.349). 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 (2.568).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued 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 80, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are US Bancorp (NYSE:USB), Itau Unibanco Holding SA (NYSE:ITUB), PNC Financial Services Group (NYSE:PNC), Banco Bradesco SA (NYSE:BBD), Deutsche Bank Aktiengesellschaft (NYSE:DB), Huntington Bancshares (NASDAQ:HBAN), Regions Financial Corp (NYSE:RF), KeyCorp (NYSE: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 5.55B. 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 0%. For the same Industry, the average monthly price growth was 5%, and the average quarterly price growth was 5%. SUPV experienced the highest price growth at 47%, while FSTF experienced the biggest fall at -72%.

Volume

The average weekly volume growth across all stocks in the Regional Banks Industry was 88%. For the same stocks of the Industry, the average monthly volume growth was 25% and the average quarterly volume growth was -2%

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: 49
SMR Rating: 37
Profit Risk Rating: 80
Seasonality Score: 7 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
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 171.10K 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 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 %
VXX17.560.25
+1.44%
iPath® B S&P 500® VIX S/T Futs™ ETN
GSG21.070.21
+1.01%
iShares S&P GSCI Commodity-Indexed Trust
SNSR32.280.27
+0.84%
Global X Internet of Things ETF
TPSC31.730.14
+0.44%
Timothy Plan US Small Cap Core ETF
DWSH8.98-0.16
-1.75%
AdvisorShares Dorsey Wright Short 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%
+2.53%
GGAL - BMA
93%
Closely correlated
+2.61%
BBAR - BMA
89%
Closely correlated
+5.65%
SUPV - BMA
86%
Closely correlated
+6.63%
ITUB - BMA
46%
Loosely correlated
-0.16%
INTR - BMA
42%
Loosely correlated
-1.28%
More

Groups containing BMA

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BMA
1D Price
Change %
BMA100%
+2.53%
BMA
(undefined stocks)
98%
Closely correlated
-1.61%
latin america
(undefined stocks)
40%
Loosely correlated
-0.24%
banks
(undefined stocks)
35%
Loosely correlated
-0.48%
regional banks
(undefined stocks)
34%
Loosely correlated
-0.56%