Why BANCO MACRO SA-ADR (NYSE:BMA) is Poised for High Growth.

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.

Some of the canslim metrics of NYSE:BMA highlighted

• The recent financial report of BANCO MACRO SA-ADR demonstrates a 1.0K% 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 139.0%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• BANCO MACRO SA-ADR has experienced 168.0% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• In terms of Return on Equity(ROE), BANCO MACRO SA-ADR is performing well, achieving a 28.16% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• The Relative Strength (RS) of BANCO MACRO SA-ADR has consistently been strong, with a current 96.31 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.
• Maintaining a Debt-to-Equity ratio of 0.13, BANCO MACRO SA-ADR demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• The ownership composition of BANCO MACRO SA-ADR reflects a balanced investor ecosystem, with institutional shareholders owning 34.99%. This indicates a broader market participation and potential for increased trading liquidity.

Deciphering the Technical Picture of NYSE:BMA

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

Taking everything into account, BMA scores 4 out of 10 in our technical rating. Although BMA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

• When comparing the yearly performance of all stocks, we notice that BMA is one of the better performing stocks in the market, outperforming 96% 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 405 other stocks in this industry. BMA outperforms 99% of them.
• The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
• BMA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BMA is lagging the market slightly.

For an up to date full technical analysis you can check the technical report of BMA

What is the full fundamental picture of NYSE:BMA telling us.

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

BMA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 405 industry peers in the Banks industry. BMA has a bad profitability rating. Also its financial health evaluation is rather negative. BMA is valued quite expensively, but it does show have an excellent growth rating.

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

More growth stocks can be found in our CANSLIM screen.

Keep in mind

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.