Shares of GRUPO AVAL ACCI/S (NYSE:AVAL) have earned a consensus broker rating score of 2.17 (Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company.
Brokers have set a 1 year consensus price target of $9.75 for the company and are expecting that the company will post $0.20 earnings per share for the current quarter, according to Zacks. Zacks has also given GRUPO AVAL ACCI/S an industry rank of 76 out of 256 based on the ratings given to related companies.
AVAL has been the subject of a number of research reports. ValuEngine lowered shares of GRUPO AVAL ACCI/S from a “hold” rating to a “sell” rating in a research report on Wednesday, July 31st. Zacks Investment Research upgraded shares of GRUPO AVAL ACCI/S from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 31st.
AVAL traded up $0.07 during trading on Wednesday, hitting $7.63. 2,429 shares of the company traded hands, compared to its average volume of 77,527. The firm has a market cap of $8.40 billion, a P/E ratio of 9.49 and a beta of 0.96. The stock’s fifty day moving average is $7.36 and its 200 day moving average is $7.63. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.66. GRUPO AVAL ACCI/S has a one year low of $5.59 and a one year high of $8.51.
GRUPO AVAL ACCI/S (NYSE:AVAL) last posted its quarterly earnings results on Thursday, August 22nd. The bank reported $0.23 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.02. The company had revenue of $1.37 billion during the quarter. GRUPO AVAL ACCI/S had a net margin of 12.36% and a return on equity of 12.99%. On average, equities research analysts forecast that GRUPO AVAL ACCI/S will post 0.86 EPS for the current fiscal year.
Large investors have recently modified their holdings of the business. Deutsche Bank AG boosted its position in shares of GRUPO AVAL ACCI/S by 224.4% in the fourth quarter. Deutsche Bank AG now owns 129,100 shares of the bank’s stock valued at $761,000 after acquiring an additional 89,308 shares during the period. Mercer Global Advisors Inc. ADV bought a new position in shares of GRUPO AVAL ACCI/S in the first quarter valued at approximately $101,000. Parallel Advisors LLC bought a new position in shares of GRUPO AVAL ACCI/S in the first quarter valued at approximately $80,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of GRUPO AVAL ACCI/S in the first quarter valued at approximately $82,000. Finally, NS Partners Ltd bought a new position in shares of GRUPO AVAL ACCI/S in the first quarter valued at approximately $545,000. Hedge funds and other institutional investors own 17.87% of the company’s stock.
GRUPO AVAL ACCI/S Company Profile
Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. The company's deposit products and services include checking accounts, savings accounts, and time deposits, as well as other deposits consisting of deposits from correspondent accounts, cashier checks, and collection services.
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