Zacks Research, combined analysts opinion on Grupo Financiero Galicia S.A. (NASDAQ:GGAL) and gave an average broker rating of 2.67. The research firm rating mechanism takes into account the research firms’ forecasts on a one to five scale. As per the methodology, the score coming at the lower band of 1-2 suggests a Buy rating; a score of 4 to 5 implies Sell consensus and three stands for Hold advice.
Following the same process, Zacks Group gave 2.67 ABR three months ago to Grupo Financiero Galicia S.A. (NASDAQ:GGAL). Also, the brokerage firms, which are covering Grupo Financiero Galicia S.A. have given short and long-term earnings and price estimates for the stock. The consensus price target for coming year stands at $37. Analysts with a bullish view have set a target of $37 on the stock. However, the analysts not optimistic on the stock have given a target of $37 on the stock.
Earnings Forecasts
Investors are eagerly looking ahead of Grupo Financiero Galicia S.A. (NASDAQ:GGAL)’s financial report, which is projected to be announced on or around 2016-03-01 for the period closed on 2015-12-31. Brokerages are estimating EPS to come at $0.72 per share. These estimates disclosed by the Zacks may vary from the approximate of Thomson Reuters ‘First Call’ ABR ratings. Both Street experts and investors closely follow company’s earnings per share after the release of the financial report. A company’s shares price is to deal, with considerable price fluctuation following the financial report release if the actual figures are significantly different from the Street’s forecasts.
Grupo Financiero Galicia S.A. reported EPS of $0.25 per share in preceding quarter. It failed to meet the Street’s estimates resulting in a deviation of 34.25%. Here, it is vital to look into Alpha One’s sentiment analysis to analyze the sentiment score of the stock. This review helps determine the daily crowd sentiment by following different news articles. Alpha One’s unique sentiment analysis places a score on a -1 to 1 scale and intends to figure out the negative or positive influence of buzzing news on the stock price movement.
Grupo Financiero Galicia S.A.’s daily impact score as per the buzzing news and reports is set at -0.39. Also, Alpha One places a daily impact score to help know the stock’s movement by more than 1% following the news on any specific day. This score is given on a 1 to 100 scale, where one signals that the stock has a poor probability to respond to announced news on a day. Grupo Financiero Galicia S.A.’s stock boasts a sentiment score of 50 as on 2016-01-27.
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