Why NYSE:BMA is Poised for High Growth.

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

What matters for canslim investors.

• The recent financial report of BANCO MACRO SA-ADR demonstrates a 2.0K% 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
• BANCO MACRO SA-ADR has demonstrated strong q2q revenue growth of 891.0%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• The EPS of BANCO MACRO SA-ADR has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• The Return on Equity(ROE) of BANCO MACRO SA-ADR is 29.32%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• The Relative Strength (RS) of BANCO MACRO SA-ADR has consistently been strong, with a current 98.63 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. BANCO MACRO SA-ADR demonstrates promising potential for sustained price momentum.
• 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.
• With 7.0% of the total shares held by institutional investors, BANCO MACRO SA-ADR showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Deciphering the Technical Picture of NYSE:BMA

As part of its analysis, ChartMill provides a comprehensive Technical Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various technical indicators and properties.

We assign a technical rating of 10 out of 10 to BMA. Both in the recent history as in the last year, BMA has proven to be a steady performer, scoring decent points in every aspect analyzed.

• Both the short term and long term trends are positive. This is a very positive sign.
• When comparing the yearly performance of all stocks, we notice that BMA is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by BMA over the past year are nicely spread over this period.
• BMA is part of the Banks industry. There are 412 other stocks in this industry. BMA outperforms 100% of them.
• A new 52 week high is currently being made by BMA, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so BMA is leading the market.
• In the last month BMA has a been trading in the 45.67 - 56.66 range, which is quite wide. It is currently trading near the high of this range.

Check the latest full technical report of BMA for a complete technical analysis.

Fundamental analysis of NYSE:BMA

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

Overall BMA gets a fundamental rating of 3 out of 10. We evaluated BMA against 412 industry peers in the Banks industry. BMA may be in some trouble as it scores bad on both profitability and health. BMA is valued quite expensively, but it does show have an excellent growth rating.

Check the latest full fundamental report of BMA for a complete fundamental analysis.

More growth stocks can be found in our CANSLIM screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.