GRUPO AVAL ACCI/S (AVAL) Expected to Announce Earnings of $0.18 Per Share
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 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.
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