Nov
28
Brokerage firm analysts are expecting that Grupo Financiero Galicia S.A. (NASDAQ:GGAL) will post $0.67 EPS for the current quarter, when the firm reports their next earnings results. The results are expected to be issued on or around 2016-03-01. This is the consensus number according to Zack’s Research, which can slightly differ from FactSet or Thomson Reuters estimates.
Most recently Grupo Financiero Galicia S.A. posted earnings of $0.98 for the quarter which closed on 2015-09-30. This actual posted number was $0.25 away from analysts’ consensus, resulting in a surprise factor of 34.25%. 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 occurred on 2015-11-19.
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 research 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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