Equities analysts expect Grupo Supervielle SA -ADR (NYSE:SUPV) to announce earnings of $0.51 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Grupo Supervielle’s earnings. Grupo Supervielle posted earnings of $0.47 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 8.5%. The business is expected to issue its next quarterly earnings results after the market closes on Thursday, February 15th.
According to Zacks, analysts expect that Grupo Supervielle will report full-year earnings of $1.75 per share for the current year, with EPS estimates ranging from $1.67 to $1.83. For the next fiscal year, analysts forecast that the firm will post earnings of $2.21 per share, with EPS estimates ranging from $2.16 to $2.25. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Grupo Supervielle.
Grupo Supervielle (NYSE:SUPV) last posted its quarterly earnings data on Wednesday, November 8th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.04. Grupo Supervielle had a return on equity of 23.29% and a net margin of 11.11%.
A number of research firms recently issued reports on SUPV. ValuEngine downgraded Grupo Supervielle from a “buy” rating to a “hold” rating in a report on Saturday, January 13th. Zacks Investment Research downgraded Grupo Supervielle from a “hold” rating to a “sell” rating in a report on Friday, January 5th. BidaskClub downgraded Grupo Supervielle from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 28th. Finally, JPMorgan Chase & Co. began coverage on Grupo Supervielle in a report on Tuesday, November 21st. They set an “overweight” rating and a $29.00 price objective for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. Grupo Supervielle currently has an average rating of “Buy” and a consensus target price of $26.33.
Several large investors have recently bought and sold shares of SUPV. Carmignac Gestion boosted its position in Grupo Supervielle by 414.4% during the third quarter. Carmignac Gestion now owns 2,510,723 shares of the company’s stock valued at $61,990,000 after purchasing an additional 2,022,664 shares during the last quarter. TT International acquired a new position in Grupo Supervielle during the third quarter valued at approximately $35,450,000. Kora Management LP boosted its position in Grupo Supervielle by 12.9% during the third quarter. Kora Management LP now owns 1,313,514 shares of the company’s stock valued at $32,431,000 after purchasing an additional 150,000 shares during the last quarter. Investec Asset Management LTD boosted its position in Grupo Supervielle by 177.8% during the third quarter. Investec Asset Management LTD now owns 908,587 shares of the company’s stock valued at $22,433,000 after purchasing an additional 581,487 shares during the last quarter. Finally, Artisan Partners Limited Partnership boosted its position in Grupo Supervielle by 10.7% during the third quarter. Artisan Partners Limited Partnership now owns 829,949 shares of the company’s stock valued at $20,491,000 after purchasing an additional 80,176 shares during the last quarter. Institutional investors and hedge funds own 58.63% of the company’s stock.
Grupo Supervielle (NYSE SUPV) traded down $1.29 during trading hours on Monday, hitting $29.10. The company had a trading volume of 737,763 shares, compared to its average volume of 398,141. The company has a market capitalization of $1,920.00 and a P/E ratio of 20.64. Grupo Supervielle has a fifty-two week low of $14.13 and a fifty-two week high of $33.85.
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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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