Evaluating NYSE:BMA for Growth Investment Opportunities.

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 EPS of BANCO MACRO SA-ADR has exhibited growth from one quarter to another (Q2Q), with a 2.0K% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• 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.
• BANCO MACRO SA-ADR has experienced 152.0% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• BANCO MACRO SA-ADR exhibits a strong Return on Equity (ROE) of 29.32%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• BANCO MACRO SA-ADR has achieved an impressive Relative Strength (RS) rating of 99.11, 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.
• With 6.43% 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.

Zooming in on the technicals.

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.

Taking everything into account, BMA scores 10 out of 10 in our technical rating. 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.

• 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 99% 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 411 stocks in the same industry.
• BMA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• BMA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

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

A complete fundamental analysis of NYSE:BMA

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

Overall BMA gets a fundamental rating of 3 out of 10. We evaluated BMA against 411 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

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.