Grupo Supervielle (NYSE:SUPV) Given Hold (C) Rating at Weiss Ratings

Key Points

• Grupo Supervielle has received a "Hold (C)" rating from Weiss Ratings, while Citigroup has downgraded the stock from "buy" to "neutral."
• The stock trades at approximately $4.98 with an average target price of $17.00, reflecting a significant gap between current performance and expected valuation.
• During the last reporting quarter, Grupo Supervielle's earnings per share were $0.14, missing analysts' estimates of $0.22 by a margin of $0.08.

Grupo Supervielle (NYSE:SUPV - Get Free Report)'s stock had its "hold (c)" rating reiterated by stock analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Separately, Citigroup downgraded Grupo Supervielle from a "buy" rating to a "neutral" rating in a report on Wednesday, September 10th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Grupo Supervielle presently has an average rating of "Hold" and an average target price of $17.00.

Grupo Supervielle Trading Up 3.8%

Shares of SUPV stock traded up $0.18 on Wednesday, reaching $4.98. 1,633,195 shares of the stock were exchanged, compared to its average volume of 2,636,526. The stock has a market cap of $440.88 million, a PE ratio of 7.55, a P/E/G ratio of 9.72 and a beta of 1.56. Grupo Supervielle has a one year low of $4.54 and a one year high of $19.75. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a 50 day moving average price of $7.60 and a 200 day moving average price of $11.00.

Grupo Supervielle (NYSE:SUPV - Get Free Report) last released its earnings results on Wednesday, August 13th. The company reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.08). The firm had revenue of $210.52 million for the quarter, compared to the consensus estimate of $283.67 billion. Grupo Supervielle had a return on equity of 6.82% and a net margin of 4.08%. Equities research analysts forecast that Grupo Supervielle will post 1.5 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. GAMMA Investing LLC boosted its position in shares of Grupo Supervielle by 10.2% during the first quarter. GAMMA Investing LLC now owns 7,958 shares of the company's stock worth $104,000 after buying an additional 737 shares during the period. Freedom Investment Management Inc. raised its holdings in Grupo Supervielle by 4.4% during the first quarter. Freedom Investment Management Inc. now owns 44,386 shares of the company's stock worth $580,000 after acquiring an additional 1,862 shares in the last quarter. Sparta 24 Ltd. bought a new stake in Grupo Supervielle during the second quarter worth about $27,000. Titan Global Capital Management USA LLC raised its holdings in Grupo Supervielle by 5.3% during the second quarter. Titan Global Capital Management USA LLC now owns 54,048 shares of the company's stock worth $572,000 after acquiring an additional 2,711 shares in the last quarter. Finally, Insigneo Advisory Services LLC raised its holdings in Grupo Supervielle by 11.1% during the first quarter. Insigneo Advisory Services LLC now owns 36,209 shares of the company's stock worth $473,000 after acquiring an additional 3,604 shares in the last quarter.

Grupo Supervielle Company Profile

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.

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