Analysts expect that Credicorp (NYSE:BAP) will report earnings per share (EPS) of $3.86 for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Credicorp’s earnings. The lowest EPS estimate is $3.81 and the highest is $3.93. Credicorp posted earnings of $3.35 per share in the same quarter last year, which would suggest a positive year over year growth rate of 15.2%. The firm is expected to issue its next quarterly earnings results on Friday, May 4th.
According to Zacks, analysts expect that Credicorp will report full-year earnings of $15.93 per share for the current fiscal year, with EPS estimates ranging from $15.35 to $16.28. For the next financial year, analysts expect that the company will post earnings of $17.85 per share, with EPS estimates ranging from $17.36 to $18.36. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow Credicorp.
Credicorp (NYSE:BAP) last released its quarterly earnings data on Monday, February 5th. The bank reported $4.11 earnings per share for the quarter, topping analysts’ consensus estimates of $3.58 by $0.53. Credicorp had a net margin of 25.87% and a return on equity of 19.02%. The company had revenue of $1.03 billion for the quarter.
A number of analysts have weighed in on BAP shares. Zacks Investment Research cut shares of Credicorp from a “buy” rating to a “hold” rating in a report on Monday, January 8th. ValuEngine raised shares of Credicorp from a “hold” rating to a “buy” rating in a report on Tuesday, February 13th. Finally, Citigroup raised shares of Credicorp from a “neutral” rating to a “buy” rating in a report on Thursday, April 5th. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Credicorp has a consensus rating of “Buy” and a consensus price target of $231.50.
BAP stock opened at $233.43 on Friday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.22 and a current ratio of 1.11. Credicorp has a twelve month low of $150.71 and a twelve month high of $239.54. The company has a market cap of $18,840.35, a price-to-earnings ratio of 17.17, a P/E/G ratio of 1.28 and a beta of 0.85.
The company also recently disclosed a dividend, which will be paid on Friday, May 11th. Shareholders of record on Wednesday, April 18th will be paid a $14.1726 dividend. The ex-dividend date is Tuesday, April 17th. Credicorp’s dividend payout ratio is currently 23.76%.
Institutional investors and hedge funds have recently made changes to their positions in the business. Cerebellum GP LLC acquired a new position in Credicorp in the 4th quarter valued at $134,000. Gilder Gagnon Howe & Co. LLC acquired a new position in Credicorp in the 4th quarter valued at $251,000. Raymond James & Associates acquired a new position in Credicorp in the 4th quarter valued at $253,000. Two Sigma Securities LLC acquired a new position in Credicorp in the 4th quarter valued at $396,000. Finally, Paloma Partners Management Co acquired a new position in Credicorp in the 4th quarter valued at $431,000. 66.57% of the stock is currently owned by institutional investors.
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Credicorp Ltd., through its banking and non-banking subsidiaries, provides a range of financial, insurance, and health services and products primarily in Peru and internationally. It operates through four segments: Banking, Insurance, Pension Funds, and Investment Banking. The company offers deposits, current accounts, loans, and credit facilities; and provides private pension fund management services to affiliated pensioners.
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