Analysts predict that Grupo Supervielle SA -ADR (NASDAQ:SUPV) will announce earnings per share (EPS) of $0.46 for the current quarter, Zacks reports. Zero analysts have made estimates for Grupo Supervielle SA -ADR’s earnings. The lowest EPS estimate is $0.45 and the highest is $0.47. Grupo Supervielle SA -ADR reported earnings of $0.40 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 15%. The firm is scheduled to announce its next quarterly earnings results on Thursday, November 9th.
According to Zacks, analysts expect that Grupo Supervielle SA -ADR will report full-year earnings of $1.82 per share for the current fiscal year, with EPS estimates ranging from $1.75 to $1.88. For the next year, analysts forecast that the company will post earnings of $2.36 per share, with EPS estimates ranging from $2.29 to $2.42. Zacks’ earnings per share averages are a mean average based on a survey of research firms that follow Grupo Supervielle SA -ADR.
Separately, Bank of America Corporation reaffirmed a “buy” rating and set a $24.00 target price (up from $17.00) on shares of Grupo Supervielle SA -ADR in a research report on Friday, July 14th.
A number of hedge funds and other institutional investors have recently modified their holdings of SUPV. Acadian Asset Management LLC raised its position in Grupo Supervielle SA -ADR by 6.7% during the 1st quarter. Acadian Asset Management LLC now owns 180,053 shares of the company’s stock valued at $3,061,000 after purchasing an additional 11,254 shares in the last quarter. Wells Fargo & Company MN bought a new stake in Grupo Supervielle SA -ADR during the 1st quarter valued at $1,306,000. Sei Investments Co. raised its position in Grupo Supervielle SA -ADR by 64.4% during the 1st quarter. Sei Investments Co. now owns 71,500 shares of the company’s stock valued at $1,216,000 after purchasing an additional 28,000 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Grupo Supervielle SA -ADR during the 1st quarter valued at $420,000. Finally, Tricadia Capital Management LLC raised its position in Grupo Supervielle SA -ADR by 10.2% during the 1st quarter. Tricadia Capital Management LLC now owns 385,800 shares of the company’s stock valued at $6,559,000 after purchasing an additional 35,800 shares in the last quarter.
Shares of Grupo Supervielle SA -ADR (SUPV) traded down 0.57% during mid-day trading on Tuesday, reaching $20.80. The company’s stock had a trading volume of 307,871 shares. Grupo Supervielle SA -ADR has a 52-week low of $11.98 and a 52-week high of $22.10. The company has a market cap of $1.38 billion and a PE ratio of 80.00. The company has a 50-day moving average price of $19.10 and a 200 day moving average price of $17.37.
Grupo Supervielle SA -ADR 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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