Grupo Supervielle S.A. (NYSE:SUPV) Stock Has Consensus Price Target of $13.17 According to Analysts

Key Points

• Analyst sentiment is “Hold”: Of six analysts covering Grupo Supervielle, three rate it Hold, one Sell, one Buy, and one Strong Buy. The average 12-month price target is $13.17.
• SUPV opened at $6.00, close to its 52-week low of $5.90 and well below its 52-week high of $13.25. UBS lowered its price target from $13.00 to $11.50 and assigned a Neutral rating.
• The company reported quarterly earnings of $0.10 per share on revenue of $233.55 million; analysts expect full-year EPS of $0.44.

Shares of Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) have earned an average recommendation of "Hold" from the six analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $13.17.

A number of equities research analysts recently weighed in on SUPV shares. Weiss Ratings restated a "sell (d)" rating on shares of Grupo Supervielle in a research note on Tuesday, October 13th. UBS Group cut their target price on Grupo Supervielle from $13.00 to $11.50 and set a "neutral" rating on the stock in a research note on Friday, July 10th. Finally, Zacks Research upgraded shares of Grupo Supervielle from a "hold" rating to a "strong-buy" rating in a report on Friday, October 9th.

Grupo Supervielle Stock Performance

Shares of NYSE:SUPV opened at $6.00 on Wednesday. The company has a market capitalization of $525.56 million, a price-to-earnings ratio of -9.53 and a beta of 1.64. Grupo Supervielle has a 52 week low of $5.90 and a 52 week high of $13.25. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.09. The firm has a 50 day moving average of $7.65 and a 200 day moving average of $9.04.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last announced its earnings results on Tuesday, June 30th. The company reported $0.10 earnings per share (EPS) for the quarter. Grupo Supervielle had a negative return on equity of 2.67% and a negative net margin of 3.60%. The business had revenue of $233.55 million for the quarter. On average, sell-side analysts predict that Grupo Supervielle will post 0.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its position in shares of Grupo Supervielle by 285.5% in the 1st quarter. Bank of America Corp DE now owns 19,397 shares of the company's stock worth $183,000 after buying an additional 14,365 shares during the last quarter. Engineers Gate Manager LP lifted its position in Grupo Supervielle by 96.4% during the second quarter. Engineers Gate Manager LP now owns 92,343 shares of the company's stock valued at $892,000 after acquiring an additional 45,325 shares during the last quarter. Finally, Titan Global Capital Management USA LLC lifted its position in Grupo Supervielle by 5.7% during the first quarter. Titan Global Capital Management USA LLC now owns 96,768 shares of the company's stock valued at $912,000 after acquiring an additional 5,245 shares during the last quarter.

Grupo Supervielle Company Profile

Grupo Supervielle SA is an Argentine financial services holding company whose principal subsidiary is Banco Supervielle SA The group provides banking and related financial products to individuals, small and medium-sized businesses, corporations, and other institutional customers, primarily in Argentina.

Through its businesses, Grupo Supervielle offers savings and checking accounts, deposits, consumer and commercial lending, mortgages, credit and debit cards, electronic banking, payment services, and treasury products.

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