Banco Macro Sa Stock Today
BMA Stock | USD 48.31 0.22 0.46% |
Performance18 of 100
| Odds Of DistressLess than 5
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Banco Macro is trading at 48.31 as of the 19th of April 2024, a 0.46 percent up since the beginning of the trading day. The stock's open price was 48.09. Banco Macro has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Equity ratings for Banco Macro SA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 24th of March 2006 | Category Financial Services | Classification Financials |
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina. Banco Macro is traded on New York Stock Exchange in the United States. The company has 63.94 M outstanding shares of which 954.82 K shares are currently shorted by investors with about 2.5 days to cover. More on Banco Macro SA
Moving together with Banco Stock
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Moving against Banco Stock
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Follow Valuation Options Odds of Bankruptcy
Financial Report 15th of May 2024
Banco Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Banco Macro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Banco Macro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | Gustavo Manriquez | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Diversified Banks, Banks - Regional, Financial Services, NYSE Composite, SP Merval, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Banco Macro report their recommendations after researching Banco Macro's financial statements, talking to executives and customers, or listening in on Banco Macro's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Banco Macro SA. The Banco consensus assessment is calculated by taking the average forecast from all of the analysts covering Banco Macro. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the analysis of Banco Macro's profitability, liquidity, and operating efficiency, Banco Macro SA may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Banco Macro SA is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Banco Macro's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Banco Macro's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Banco Macro's financial leverage. It provides some insight into what part of Banco Macro's total assets is financed by creditors.
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Banco Macro SA (BMA) is traded on New York Stock Exchange in USA. It is located in Avenida Eduardo Madero 1182, Buenos Aires, Argentina and employs 9,192 people. Banco Macro is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Banco Macro's market, we take the total number of its shares issued and multiply it by Banco Macro's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Banco Macro SA runs under Banks sector within Financials industry. The entity has 63.94 M outstanding shares of which 954.82 K shares are currently shorted by investors with about 2.5 days to cover.
Banco Macro SA has about 501.03 B in cash with 1.25 T of positive cash flow from operations.
Check Banco Macro Probability Of Bankruptcy
Ownership AllocationBanco Macro holds a total of 63.94 Million outstanding shares. Almost 95.0 percent of Banco Macro outstanding shares are held by general public with 5.32 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Banco Ownership Details
Banco Stock Price Odds Analysis
What are Banco Macro's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Banco Macro jumping above the current price in 90 days from now is about 14.69%. The Banco Macro SA probability density function shows the probability of Banco Macro stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5796 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Banco Macro will likely underperform. Additionally, banco Macro SA has an alpha of 0.9191, implying that it can generate a 0.92 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Banco Macro to move above the current price in 90 days from now is about 14.69 (This Banco Macro SA probability density function shows the probability of Banco Stock to fall within a particular range of prices over 90 days) .
Banco Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Banco Macro that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Banco Macro's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Banco Macro's value.Instituion | Recorded On | Shares | |
Group One Trading, Lp | 2023-12-31 | 80.3 K | |
Amvescap Plc. | 2023-12-31 | 79.5 K | |
Glenorchy Capital Ltd | 2023-12-31 | 77.2 K | |
Goldman Sachs Group Inc | 2023-12-31 | 66.9 K | |
Simplex Trading, Llc | 2023-12-31 | 66.8 K | |
Lsv Asset Management | 2023-12-31 | 57.5 K | |
Hsbc Holdings Plc | 2023-12-31 | 51.1 K | |
Allspring Global Investments Holdings, Llc | 2023-12-31 | 50.9 K | |
Renaissance Technologies Corp | 2023-12-31 | 47.8 K | |
Slate Path Capital Lp | 2023-12-31 | 332 K | |
Discovery Capital Management Llc | 2023-12-31 | 266.1 K |
Banco Macro Historical Income Statement
Banco Macro SA Income Statement is one of the three primary financial statements used for reporting Banco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Banco Macro SA revenue and expense. Banco Macro Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Banco Macro's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 3 T, whereas Interest Expense is forecasted to decline to about 39.6 B. View More FundamentalsBanco Stock Against Markets
Picking the right benchmark for Banco Macro stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Banco Macro stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Banco Macro is critical whether you are bullish or bearish towards Banco Macro SA at a given time. Please also check how Banco Macro's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Banco Macro without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Banco Macro Corporate Directors
Banco Macro corporate directors refer to members of a Banco Macro board of directors. The board of directors generally takes responsibility for the Banco Macro's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Banco Macro's board members must vote for the resolution. The Banco Macro board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Juan Varela | Independent Director | Profile | |
Martin Gorosito | Independent Director | Profile | |
Carlos Giovanelli | Director | Profile | |
Marcos Brito | Director | Profile |
How to buy Banco Stock?
Before investing in Banco Macro, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Banco Macro. To buy Banco Macro stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Banco Macro. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Banco Macro stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Banco Macro SA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Banco Macro SA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Banco Macro SA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Banco Stock please use our How to Invest in Banco Macro guide.
Already Invested in Banco Macro SA?
The danger of trading Banco Macro SA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Banco Macro is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Banco Macro. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Banco Macro SA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Banco Macro SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco Macro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Banco Macro Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco Macro Sa Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Macro SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Banco Stock analysis
When running Banco Macro's price analysis, check to measure Banco Macro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banco Macro is operating at the current time. Most of Banco Macro's value examination focuses on studying past and present price action to predict the probability of Banco Macro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Macro's price. Additionally, you may evaluate how the addition of Banco Macro to your portfolios can decrease your overall portfolio volatility.
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Is Banco Macro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Macro. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Macro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.275 | Earnings Share 0.54 | Revenue Per Share 44.5 K | Quarterly Revenue Growth 1.304 | Return On Assets 0.0888 |
The market value of Banco Macro SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Macro's value that differs from its market value or its book value, called intrinsic value, which is Banco Macro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Macro's market value can be influenced by many factors that don't directly affect Banco Macro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Macro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.