Analysts expect GRUPO AVAL ACCI/S (NYSE:AVAL) to post earnings per share of $0.18 for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for GRUPO AVAL ACCI/S’s earnings. GRUPO AVAL ACCI/S reported earnings per share of $0.14 during the same quarter last year, which would indicate a positive year over year growth rate of 28.6%. The company is expected to announce its next earnings report on Thursday, March 28th.

According to Zacks, analysts expect that GRUPO AVAL ACCI/S will report full-year earnings of $0.78 per share for the current financial year. For the next fiscal year, analysts anticipate that the company will report earnings of $0.84 per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that cover GRUPO AVAL ACCI/S.

GRUPO AVAL ACCI/S (NYSE:AVAL) last issued its quarterly earnings results on Thursday, November 15th. The bank reported $0.21 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.01. The firm had revenue of $914.88 million during the quarter. GRUPO AVAL ACCI/S had a return on equity of 9.49% and a net margin of 11.06%.

AVAL has been the topic of several research reports. Santander upgraded GRUPO AVAL ACCI/S from a “hold” rating to a “buy” rating in a report on Monday, November 19th. JPMorgan Chase & Co. set a $8.00 target price on GRUPO AVAL ACCI/S and gave the stock a “hold” rating in a research note on Tuesday, November 27th. ValuEngine downgraded GRUPO AVAL ACCI/S from a “sell” rating to a “strong sell” rating in a research note on Wednesday, November 21st. Finally, Zacks Investment Research upgraded GRUPO AVAL ACCI/S from a “sell” rating to a “hold” rating in a research note on Thursday, January 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $9.00.

AVAL traded up $0.07 during trading on Monday, hitting $7.19. 125,835 shares of the stock were exchanged, compared to its average volume of 156,598. The company has a market capitalization of $2.52 billion, a P/E ratio of 11.98 and a beta of 0.78. GRUPO AVAL ACCI/S has a 1 year low of $5.59 and a 1 year high of $9.28. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.69.

A number of institutional investors and hedge funds have recently modified their holdings of AVAL. Bank of Montreal Can increased its stake in GRUPO AVAL ACCI/S by 22.4% during the 3rd quarter. Bank of Montreal Can now owns 80,765 shares of the bank’s stock worth $627,000 after buying an additional 14,800 shares in the last quarter. Renaissance Technologies LLC lifted its position in GRUPO AVAL ACCI/S by 22.4% in the third quarter. Renaissance Technologies LLC now owns 792,767 shares of the bank’s stock valued at $6,152,000 after purchasing an additional 145,207 shares during the period. Signaturefd LLC lifted its position in GRUPO AVAL ACCI/S by 240.9% in the third quarter. Signaturefd LLC now owns 13,017 shares of the bank’s stock valued at $101,000 after purchasing an additional 9,199 shares during the period. Sagil Capital LLP acquired a new stake in GRUPO AVAL ACCI/S in the third quarter valued at about $11,418,000. Finally, Aperio Group LLC lifted its position in GRUPO AVAL ACCI/S by 21.8% in the third quarter. Aperio Group LLC now owns 451,919 shares of the bank’s stock valued at $3,507,000 after purchasing an additional 80,865 shares during the period. 18.28% of the stock is owned by institutional investors.

About GRUPO AVAL ACCI/S

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.

See Also: Price to Earnings Ratio (PE), For Valuing Stocks

Get a free copy of the Zacks research report on GRUPO AVAL ACCI/S (AVAL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for GRUPO AVAL ACCI/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GRUPO AVAL ACCI/S and related companies with MarketBeat.com's FREE daily email newsletter.