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Should you consider GRUPO FINANCIERO GALICIA-ADR (NASDAQ:GGAL) for growth investing?

By Mill Chart

Last update: Mar 14, 2024

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if GRUPO FINANCIERO GALICIA-ADR (NASDAQ:GGAL) is suited for growth investing. Investors should of course do their own research, but we spotted GRUPO FINANCIERO GALICIA-ADR showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Looking into the canslim metrics of GRUPO FINANCIERO GALICIA-ADR

  • In the most recent financial report, GRUPO FINANCIERO GALICIA-ADR reported a 553.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • GRUPO FINANCIERO GALICIA-ADR has demonstrated strong q2q revenue growth of 602.0%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
  • The EPS of GRUPO FINANCIERO GALICIA-ADR has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
  • With a favorable Return on Equity (ROE) of 17.78%, GRUPO FINANCIERO GALICIA-ADR demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
  • GRUPO FINANCIERO GALICIA-ADR has exhibited strong Relative Strength(RS) in recent periods, with a current 96.78 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. GRUPO FINANCIERO GALICIA-ADR shows promising potential for continued price momentum.
  • GRUPO FINANCIERO GALICIA-ADR exhibits a favorable Debt-to-Equity ratio at 0.61. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
  • GRUPO FINANCIERO GALICIA-ADR exhibits a favorable ownership structure, with an institutional shareholder ownership of 7.37%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

What is the technical picture of NASDAQ:GGAL telling us.

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.

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

  • The long and short term trends are both positive. This is looking good!
  • When comparing the yearly performance of all stocks, we notice that GGAL is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, GGAL also shows a nice and consistent pattern of rising prices.
  • GGAL is one of the better performing stocks in the Banks industry, it outperforms 98% of 415 stocks in the same industry.
  • A new 52 week high is currently being made by GGAL, 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 GGAL has a been trading in the 19.34 - 24.48 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.

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

What else is there to say on the fundamentals of NASDAQ:GGAL?

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, GGAL scores 3 out of 10 in our fundamental rating. GGAL was compared to 415 industry peers in the Banks industry. GGAL may be in some trouble as it scores bad on both profitability and health. GGAL is valued quite expensive, but it does show an excellent growth.

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

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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