Grupo Supervielle (NYSE:SUPV) Reaches New 12-Month Low - Here's What Happened

Key Points

• Grupo Supervielle's stock hit a new 52-week low of $6.36, down from a previous close of $8.01, with a trading volume of 111,724 shares.
• Despite a recent analyst upgrade from "sell" to "hold" by Wall Street Zen, the stock has a current consensus rating of "Moderate Buy" with an average target price of $17.00.
• Grupo Supervielle reported Q2 earnings of $0.14 EPS, falling short of the $0.22 estimate, and revenues significantly missed expectations at $210.52 million.

Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report)'s stock price reached a new 52-week low on Monday . The company traded as low as $6.60 and last traded at $6.36, with a volume of 111724 shares. The stock had previously closed at $8.01.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Grupo Supervielle from a "sell" rating to a "hold" rating in a research report on Friday, May 30th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Grupo Supervielle presently has a consensus rating of "Moderate Buy" and an average target price of $17.00.

Grupo Supervielle Stock Down 20.2%

The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a fifty day simple moving average of $9.80 and a 200-day simple moving average of $12.26. The firm has a market cap of $565.71 million, a price-to-earnings ratio of 9.69, a P/E/G ratio of 10.16 and a beta of 1.75.

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Sparta 24 Ltd. bought a new position in Grupo Supervielle in the 2nd quarter valued at about $27,000. GAMMA Investing LLC increased its position in Grupo Supervielle by 10.2% during the 1st 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. Cetera Investment Advisers bought a new position in Grupo Supervielle during the 1st quarter worth $268,000. Itau Unibanco Holding S.A. bought a new position in Grupo Supervielle during the 1st quarter worth $357,000. Finally, Y Intercept Hong Kong Ltd increased its position in Grupo Supervielle by 197.0% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 38,202 shares of the company's stock worth $405,000 after buying an additional 25,340 shares during the period.

About Grupo Supervielle

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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