Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if BANCO MACRO SA-ADR (NYSE:BMA) is suited for growth investing. Investors should of course do their own research, but we spotted BANCO MACRO SA-ADR showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.
What matters for canslim investors.
With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), BANCO MACRO SA-ADR highlights its ability to generate increasing profitability, showcasing a 2.0K% growth.
BANCO MACRO SA-ADR has experienced 891.0% q2q revenue growth, indicating a significant sales increase.
Over the past 3 years, BANCO MACRO SA-ADR has demonstrated 152.0% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
BANCO MACRO SA-ADR has a healthy Return on Equity(ROE) of 29.32%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
BANCO MACRO SA-ADR has achieved an impressive Relative Strength (RS) rating of 97.85, showcasing its ability to outperform the broader market. This strong performance positions BANCO MACRO SA-ADR as an attractive stock for potential price appreciation.
With a Debt-to-Equity ratio at 0.21, BANCO MACRO SA-ADR showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
BANCO MACRO SA-ADR exhibits a favorable ownership structure, with an institutional shareholder ownership of 6.79%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.
Analyzing the Technical Aspects
Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.
Overall BMA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BMA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BMA is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, BMA also shows a nice and consistent pattern of rising prices.
BMA is one of the better performing stocks in the Banks industry, it outperforms 99% of 415 stocks in the same industry.
A new 52 week high is currently being made by BMA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month BMA has a been trading in the 31.20 - 45.83 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
What is the full fundamental picture of NYSE:BMA telling us.
ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.
BMA gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 415 industry peers in the Banks industry. BMA has a bad profitability rating. Also its financial health evaluation is rather negative. BMA is valued quite expensive, but it does show an excellent growth.
More ideas for growth investing can be found on ChartMill in our CANSLIM 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.