Nov
12
Wall Street sell-side brokerage firm analysts are expecting that Grupo Financiero Galicia S.A. (NASDAQ:GGAL) will report earnings of $0.73 for the quarter. The firm will likely report their results on or around 2016-03-01. The EPS number is the consensus Zacks estimate based on the reasearch firms covering the equity. This number can slightly differ from the Thomson Reuters consensus which is typically considered the benchmark. Most recently Grupo Financiero Galicia S.A. posted earnings of $0.82 for the quarter which closed on 2015-06-30. This actual posted number was $0.11 away from analysts’ consensus, resulting in a surprise factor of 15.49%. A significant surprise factor can often significantly influence a company’s stock price in the days following the earnings report.
Now looking at where research analysts believe the stock is headed, brokerage firms have put a $40 one year average price target on the stock. 1 analysts polled by Zacks Research were taking into consideration to arrive at this number. The most bullish analyst on the street has a lofty price target of $40, while the most bearish sees the stock going to $40 in that same one year timeframe. The last analyst revision occured on 2015-08-05.
Depending on the research firm, sell-side analysts can use alternate terminology to describe their Buy/Sell recommendations. Retail investors not familiar with a particular reserach broker could find the recommendations difficult to understand. As a result, Zacks offers an analyst brokerage rating (ABR) which simplifies the recommendations into a 1 to 5 sliding scale where one represents a Strong Buy and 5 indicates a Strong Sell. Grupo Financiero Galicia S.A. (NASDAQ:GGAL) currently has an ABR 2.25. This is the average recommendation based on the 1 analysts polled.
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