Grupo Supervielle S.A. (SUPV) - What Are Brokerages Saying About This Stock?

Key Points

• Analysts have a consensus “Hold” rating on Grupo Supervielle, with four holds, two buys and one sell. The average 12-month price target is $13.17, although UBS recently cut its target to $11.50 while JPMorgan raised its target to $13.00.
• SUPV shares opened at $7.12, well below the analyst consensus target, and have traded between $5.70 and $13.55 over the past year. The stock’s 50-day and 200-day moving averages were $8.13 and $8.93, respectively.
• The company reported quarterly EPS of $0.10 on $233.55 million in revenue, but continued to show a negative net margin and return on equity. Several institutional investors increased their positions, including Engineers Gate Manager LP and Bank of America.

Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) has been given a consensus rating of "Hold" by the seven analysts that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $13.17.

Several research analysts recently issued reports on SUPV shares. 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 report on Friday, July 10th. Weiss Ratings restated a "sell (d)" rating on shares of Grupo Supervielle in a research note on Wednesday, July 15th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Grupo Supervielle from $11.00 to $13.00 and gave the stock a "neutral" rating in a report on Thursday, June 25th.

Grupo Supervielle Price Performance

Shares of NYSE SUPV opened at $7.12 on Friday. Grupo Supervielle has a fifty-two week low of $5.70 and a fifty-two week high of $13.55. The stock has a market cap of $623.53 million, a price-to-earnings ratio of -11.30 and a beta of 1.54. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.92. The firm's 50-day simple moving average is $8.13 and its 200 day simple moving average is $8.93.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Engineers Gate Manager LP increased its stake in Grupo Supervielle by 96.4% in the 2nd quarter. Engineers Gate Manager LP now owns 92,343 shares of the company's stock valued at $892,000 after buying an additional 45,325 shares during the last quarter. Bank of America Corp DE boosted its stake 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. Titan Global Capital Management USA LLC grew its holdings in shares of Grupo Supervielle by 5.7% in 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 in the last quarter. Finally, Deltec Asset Management LLC bought a new position in shares of Grupo Supervielle in the first quarter valued at approximately $438,000.

Grupo Supervielle Company Profile

Grupo Supervielle SA is an Argentine financial services holding company whose principal business is conducted through Banco Supervielle SA The group provides banking and related financial services to individuals, small and medium-sized businesses, corporate customers and retirees throughout Argentina.

Banco Supervielle offers deposit accounts, personal and commercial loans, mortgage and secured lending, credit and debit cards, payment services, electronic and mobile banking, and investment products.

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