Ratings Banco Macro S.A.

Equities

BMA

ARBANS010010

End-of-day quote Buenos Aires S.E. Other stock markets 06:00:00 2024-06-09 pm EDT			5-day change	1st Jan Change
7,773 ^ARS	+6.00%		-8.29%	+191.12%

May. 24	Transcript : Banco Macro S.A., Q1 2024 Earnings Call, May 24, 2024
May. 23	Banco Macro S.A. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Strengths

According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Its low valuation, with P/E ratio at 6.33 and 6.36 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company's share price in relation to its net book value makes it look relatively cheap.
This company will be of major interest to investors in search of a high dividend stock.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Over the past four months, analysts' average price target has been revised upwards significantly.
Analyst opinion has improved significantly over the past four months.

Weaknesses

Over the past twelve months, analysts' consensus has been significantly revised downwards.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Banks

	1st Jan change	Capi.	ESG Refinitiv
BANCO MACRO S.A.	+191.12%	5.42B	B
JPMORGAN CHASE & CO.	+14.31%	573B	C+
BANK OF AMERICA CORPORATION	+15.04%	310B	C+
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+14.14%	254B	C+
CHINA CONSTRUCTION BANK CORPORATION	+19.14%	184B	B-
BANK OF CHINA LIMITED	+24.83%	172B	B-
HSBC HOLDINGS PLC	+6.62%	163B	C+
ROYAL BANK OF CANADA	+8.06%	150B	B-
HDFC BANK LIMITED	-8.45%	142B	B-
COMMONWEALTH BANK OF AUSTRALIA	+11.74%	139B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders