Does BANCO BILBAO VIZCAYA-SP ADR (NYSE:BBVA) show the characteristics of a Minervini super stock?

In this article we will dive into BANCO BILBAO VIZCAYA-SP ADR (NYSE:BBVA) as a possible candidate for growth investing. Investors should always do their own research, but we noticed BANCO BILBAO VIZCAYA-SP ADR showing up in our Minervini growth screen, which makes it worth to investigate a bit more.

Checking the Minervini Trend Template.

BBVA checks all the boxes when evaluating the Minervini Trend Template. This is a set of basic technical criteria to identify stocks in strong uptrends:

• ✔ Relative Strength is above 70.
• ✔ Current price is within 25% of it's 52-week high.
• ✔ Current price is at least 30% above it's 52-week low.
• ✔ The current price is above the 50-, 150- and 200-day SMA price line.
• ✔ The SMA(200) is trending upwards.
• ✔ The SMA(150) is above the SMA(200)
• ✔ The SMA(50) is above the SMA(150) and the SMA(200)

Looking into the high growth metrics of BBVA

ChartMill assigns a High Growth Momentum Rating (HGM) to every stock. This score ranges from 0 to 10 and evaluates the different growth and profitability aspects, including accelleration, surprises and revisions. BBVA scores a 4 out of 10:

Earnings Momentum

• The recent financial report of BBVA demonstrates a 24.24% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• BBVA has experienced 32.81% growth in EPS over a 12 month period, demonstrating its ability to generate sustained and positive earnings momentum.
• BBVA has achieved 33.16% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• The q2q revenue growth of 29.38% of BBVA highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• Accelerating Sales growth for BBVA: the current Q2Q growth of 29.38% exceeds the previous quarter Q2Q growth of 1.98%.
• BBVA has seen a 5.69% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
• BBVA has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.

Financial Strength & Profitability

• With positive growth in its profit margin over the past year, BBVA showcases its ability to improve profitability.
• BBVA has a healthy Return on Equity(ROE) of 17.37%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• Maintaining a Debt-to-Equity ratio of 1.75, BBVA demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.

Strong Market Performance

• The Relative Strength (RS) of BBVA has consistently been strong, with a current 93.48 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength.

Looking at the Setup

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for BBVA is 3:

Although BBVA has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Our latest full technical report of BBVA contains the most current technical analsysis.

Final Thoughts

It looks like BANCO BILBAO VIZCAYA-SP ADR meets the Minervini criteria. More high growth momentum breakout stocks can be found in our High Growth Momentum + Trend Template screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.