Apr
30
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) is expected to post quarterly earnings on 2015-05-14. Investors will be eagerly eyeing the number the company reports compared to the earnings per share that brokers are predicting. Sell-side firms are looking for the company to post EPS of $0.78 for the quarter ending on 2015-03-31. This consensus number is based on the 2 brokers that are providing estimates.
In the prior quarter, Grupo Financiero Galicia S.A. (NASDAQ:GGAL) saw a surprise factor of 27.27% . The actual reported EPS number was $0.84 which was $0.18 off from what analysts had predicted. The standard deviation before the number was posted was $0.23.
Analyst Stock Watch
According to a consensus average of 2 brokerage firms providing projections, they view the stock reaching $26.5 over the next 52 weeks. The standard deviation of the price targets is $19.091. A more bearish analyst sees the stock at $13 within the next year, while a more bullish analyst sees the stock at $40, within the same time frame.
On an analyst ratings scale of 1 to 5 where 5 represents a Strong Sell and 1 represents a Strong Buy, Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has a consensus rating of 2.33. In comparison, the three months ago stock rating was a 2.33.
Profile
Grupo Financiero Galicia S.A. (Grupo Financiero Galicia) is a financial services holding company. Banco de Galicia y Buenos Aires S.A. (Banco Galicia) is the Company’s largest subsidiary. Banco Galicia is a bank that provides, directly or through its subsidiaries, a range of financial products and services to large corporations, small and medium sized companies (SMEs), and individuals. Through the operating subsidiaries of Tarjetas Regionales S.A., a holding company wholly owned by the Bank, the Company provides brand credit cards and consumer finance services throughout Argentina. Through Sudamericana Holding S.A. and its subsidiaries (Sudamericana) it provides insurance products in Argentina. It provides financial services through a distribution platform amongst private-sector financial institutions in Argentina. In November 2013, the Company announced the merger by incorporation of Lagarcue SA and Theseus SA into the Company with all their assets and liabilities.
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