Exploring growth characteristics of BANCO MACRO SA-ADR (NYSE:BMA).

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.

Some of the canslim metrics of NYSE:BMA highlighted

• The quarterly earnings of BANCO MACRO SA-ADR have shown a 3.0K% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• The recent q2q revenue growth of 668.0% of BANCO MACRO SA-ADR showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
• Over the past 3 years, BANCO MACRO SA-ADR has demonstrated 170.0% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• The Return on Equity (ROE) of BANCO MACRO SA-ADR stands at 25.68%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• BANCO MACRO SA-ADR has exhibited strong Relative Strength(RS) in recent periods, with a current 96.1 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. BANCO MACRO SA-ADR shows promising potential for continued price momentum.
• With a current Debt-to-Equity ratio at 0.14, BANCO MACRO SA-ADR showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• The ownership composition of BANCO MACRO SA-ADR reflects a balanced investor ecosystem, with institutional shareholders owning 6.43%. This indicates a broader market participation and potential for increased trading liquidity.

Analyzing the Technical Aspects

ChartMill employs a sophisticated system to assign a Technical Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple technical indicators and properties.

Overall BMA gets a technical rating of 4 out of 10. BMA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

• Looking at the yearly performance, BMA did better than 96% of all other stocks.
• BMA is part of the Banks industry. There are 407 other stocks in this industry. BMA outperforms 99% of them.
• BMA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BMA is performing more or less in line with the market.
• The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
• In the last month BMA has a been trading in the 50.78 - 59.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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

A complete fundamental analysis of NYSE:BMA

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.

We assign a fundamental rating of 3 out of 10 to BMA. BMA was compared to 407 industry peers in the Banks industry. Both the profitability and financial health of BMA have multiple concerns. BMA is valued quite expensive, but it does show an excellent growth.

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.