$0.52 EPS Expected for Grupo Supervielle S.A. (SUPV) This Quarter
Brokerages expect that Grupo Supervielle S.A. (NYSE:SUPV) will post earnings per share (EPS) of $0.52 for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Grupo Supervielle’s earnings. Grupo Supervielle reported earnings per share of $0.47 in the same quarter last year, which indicates a positive year-over-year growth rate of 10.6%. The company is expected to issue its next earnings report on Thursday, February 15th.
On average, analysts expect that Grupo Supervielle will report full-year earnings of $1.80 per share for the current fiscal year, with EPS estimates ranging from $1.77 to $1.82. For the next fiscal year, analysts forecast that the firm will report earnings of $2.28 per share, with EPS estimates ranging from $2.16 to $2.39. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover Grupo Supervielle.
SUPV has been the topic of a number of research analyst reports. J P Morgan Chase & Co initiated coverage on Grupo Supervielle in a research report on Tuesday. They set an “overweight” rating and a $29.00 target price on the stock. Zacks Investment Research upgraded Grupo Supervielle from a “sell” rating to a “hold” rating in a research report on Thursday, October 26th. BidaskClub downgraded Grupo Supervielle from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Finally, UBS AG boosted their target price on Grupo Supervielle from $24.00 to $26.00 and gave the stock a “buy” rating in a research report on Thursday, September 21st. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $26.33.
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Shares of Grupo Supervielle (SUPV) traded up $1.00 during mid-day trading on Tuesday, hitting $25.63. The company’s stock had a trading volume of 555,800 shares, compared to its average volume of 313,398. The company has a quick ratio of 1.59, a current ratio of 1.40 and a debt-to-equity ratio of 1.16. Grupo Supervielle has a one year low of $11.97 and a one year high of $27.25. The stock has a market cap of $1,650.00 and a P/E ratio of 13.76.
Institutional investors have recently added to or reduced their stakes in the stock. Commonwealth Bank of Australia increased its stake in Grupo Supervielle by 257.0% in the third quarter. Commonwealth Bank of Australia now owns 10,755 shares of the company’s stock valued at $264,000 after purchasing an additional 7,742 shares during the last quarter. Invictus RG acquired a new position in Grupo Supervielle in the third quarter valued at $413,000. Stifel Financial Corp acquired a new position in Grupo Supervielle in the third quarter valued at $1,397,000. Jane Street Group LLC acquired a new position in Grupo Supervielle in the third quarter valued at $2,618,000. Finally, Graticule Asia Macro Advisors LLC increased its stake in Grupo Supervielle by 6.0% in the third quarter. Graticule Asia Macro Advisors LLC now owns 175,680 shares of the company’s stock valued at $4,338,000 after purchasing an additional 10,000 shares during the last quarter. Hedge funds and other institutional investors own 40.22% of the company’s stock.
Grupo Supervielle Company Profile
Grupo Supervielle SA is an Argentina-based holding company primarily engaged in the financial sector. The Company provides services through numerous subsidiaries, such as Banco Supervielle SA, that offers bank services, mainly to individuals and commercial customers; Cordial Compania Financiera SA, which focuses on credit card issuing, as well as providing consumer loans and insurance for Wal-Mart Argentina customers; Tarjeta Automatica SA, which issues and administrates credit cards; Cordial Microfinanzas SA, that offers financing for urban micro-enterprises; Supervielle Seguros SA, which sells insurance products; Supervielle Asset Management Sociedad Gerente de FCI SA, which manages investment funds, and Espacio Cordial Servicios SA, that distributes audio and video equipment, computers, home appliance and air conditioning units, among others.
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