Last Updated: 12 Nov 2024
Executive Summary
Grupo Financiero Galicia SA ADR (GGAL) is a financial services holding company headquartered in Buenos Aires, Argentina. The company has a market capitalization of $7.7 billion and trades on the NASDAQ exchange. GGAL's latest stock price is $53.81.
The company's fundamentals are strong, with a trailing PE ratio of 23.4, a forward PE ratio of 3.465, and a dividend yield of 0.0489%. GGAL's technical analysis is also positive, with the stock price trading above its 50-day and 200-day moving averages.
Company Overview
Grupo Financiero Galicia SA is a financial services holding company that offers a range of banking, investment, and insurance products and services to individuals and companies in Argentina. The company's principal subsidiaries include Banco Galicia, the largest private bank in Argentina, and Galicia Seguros, the largest insurance company in Argentina.
Fundamental Analysis
GGAL's financial performance has been strong in recent years. The company's revenue has grown by an average of 1.956% per year over the past five years, and its earnings per share have grown by an average of 3.757% per year over the same period. GGAL's profit margin is 0.151%, and its return on equity is 0.38%.
The company's balance sheet is also strong. GGAL has a debt-to-equity ratio of 0.54, and its current ratio is 1.25. The company's cash and cash equivalents total $1.2 billion, and its total assets total $20.4 billion.
Technical Analysis
GGAL's stock price has been trending higher in recent months. The stock price is currently trading above its 50-day and 200-day moving averages, and it has formed a bullish pennant pattern. This pattern suggests that the stock price is likely to continue to rise in the near term.
Short Term Outlook
The short-term outlook for GGAL is positive. The stock price is trading above its key moving averages, and it has formed a bullish pennant pattern. This suggests that the stock price is likely to continue to rise in the near term.
Long Term Outlook
The long-term outlook for GGAL is also positive. The company's fundamentals are strong, and its technical analysis is positive. This suggests that the stock price is likely to continue to rise over the long term.
Analyst Recommendations
The majority of analysts have a positive outlook on GGAL. Two analysts have a "Strong Buy" rating on the stock, and two analysts have a "Buy" rating on the stock. The average analyst target price for GGAL is $62.33.
