Wall Street brokerages expect Grupo Supervielle SA -ADR (NYSE:SUPV) to announce earnings of $0.15 per share for the current quarter, according to Zacks. Zero analysts have made estimates for Grupo Supervielle’s earnings. Grupo Supervielle reported earnings of $0.40 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 62.5%. The firm is expected to report its next earnings report on Monday, May 20th.
On average, analysts expect that Grupo Supervielle will report full-year earnings of $1.18 per share for the current financial year, with EPS estimates ranging from $1.13 to $1.22. For the next financial year, analysts expect that the company will post earnings of $1.18 per share, with EPS estimates ranging from $0.83 to $1.52. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Grupo Supervielle.
Grupo Supervielle (NYSE:SUPV) last released its earnings results on Thursday, March 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.02). The company had revenue of $102.72 million for the quarter, compared to analyst estimates of $167.20 million. Grupo Supervielle had a return on equity of 14.54% and a net margin of 8.44%.
Several research firms have commented on SUPV. Bank of America downgraded Grupo Supervielle from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 21st. Zacks Investment Research raised Grupo Supervielle from a “hold” rating to a “buy” rating and set a $9.00 price target for the company in a research note on Wednesday, December 19th. Finally, Citigroup cut Grupo Supervielle from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 8th. Five investment analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. The company currently has a consensus rating of “Sell” and an average price target of $11.10.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Financial Gravity Companies Inc. purchased a new position in Grupo Supervielle during the fourth quarter worth about $67,000. Barclays PLC bought a new stake in Grupo Supervielle during the fourth quarter worth about $68,000. NumerixS Investment Technologies Inc bought a new stake in shares of Grupo Supervielle in the 4th quarter valued at about $79,000. Jane Street Group LLC bought a new stake in shares of Grupo Supervielle in the 4th quarter valued at about $98,000. Finally, Legal & General Group Plc bought a new stake in shares of Grupo Supervielle in the 3rd quarter valued at about $108,000. 29.86% of the stock is owned by institutional investors and hedge funds.
Shares of SUPV stock traded up $0.25 on Wednesday, hitting $6.30. 5,028 shares of the company’s stock were exchanged, compared to its average volume of 1,470,633. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.71. Grupo Supervielle has a 12 month low of $4.91 and a 12 month high of $30.34. The company has a market cap of $440.20 million, a P/E ratio of 7.96, a P/E/G ratio of 4.28 and a beta of 0.04.
Grupo Supervielle Company Profile
Grupo Supervielle SA, a financial services holding company, provides banking products and services in Argentina. The company operates through Retail Banking, Corporate Banking, Treasury, Consumer Finance, Insurance, and Asset Management & Other Services segments. It accepts deposit accounts; and offers personal loans, foreign trade finance, and loans to the middle and lower-middle-income sectors.
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