Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has been given an average broker rating of 2.25 as aggregated by Zacks Research. Zacks rating methodology measures the research brokerage firms’ estimates on a simplified scale of one to five. Any score towards the lower band (1-2) means a Buy recommendation, 3 implies a Hold rating while a score of 4 to 5 denotes Sell consensus. Based on which, Zacks had placed an ABR of 2.25 three months ago.
Meanwhile, a set of brokerage firms, which are covering Grupo Financiero Galicia S.A. have come up with both short and long term price and earnings estimates for the stock. The street has projected the price target of $40 for the next 12 months. Analysts with a bullish view on the stock have assigned a price target of $40 on the stock. As opposed to which, the most bearish consensus price estimate is set at $40 for the stock.
Earnings Forecasts
Investors are now awaiting Grupo Financiero Galicia S.A. (NASDAQ:GGAL)’s results, which is due to release on or around 2016-03-01 for its three-month period ended on 2015-12-31. Brokerage firms are estimating the company’s quarterly earnings to come at $0.72. The forecasts provided as per the Zacks market estimate may vary marginally from that of Thomson Reuters First Call ratings. Both analysts and investors keep a close eye on a company’s earnings per share (EPS) during an earnings release. A stock’s price is subject to substantial price fluctuation during the days following the release of the report if the reported number greatly varies from what was anticipated by the Street. Grupo Financiero Galicia S.A. disclosed an earnings of $0.25 during its previous quarter, leading to a surprise factor of 34.25% as against the Street’s estimates.
Alpha One’s sentiment analysis can be considered to review the stock’s sentiment score. Alpha One’s sentiment analysis helps gauge the daily crowd sentiment by tracking the most relevant news articles. The sentiment score rated on a scale of -1 to 1 aims to study the positive or negative influence of news on the stock movement. Grupo Financiero Galicia S.A.’s impact score for the day based on the news and reports is set at 0.31. In addition to this, Alpha One provides a daily impact score to help project the stock’s direction by over 1% in response to the available news on any given day. The impact score is assigned using a scale of 1 to 100, where 100 implies that the stock has higher probability to respond to a given news on a day. Based on which, Grupo Financiero Galicia S.A.’s shares has been assigned a sentiment score of 50 as on 2015-12-03.
Discover Which Stocks Can Turn Every $10,000 into $42,749!
It’s a new way to trade stocks with a 91% to 100% success rate, and earn between 8% and 199% in as little as 14 days. This strategy has nothing to do with using options to short the market. In fact, you buy stocks the same way you do now… but with one simple difference.