Grupo Supervielle (NYSE:SUPV) Sets New 12-Month Low - Should You Sell?

Key Points

• Grupo Supervielle shares fell to a new 52-week low of $5.91, last trading at $5.95, down 2.3% from the prior close.
• Analyst sentiment is mixed: the consensus rating is Hold with a $13.17 target price, ranging from Strong Buy to Sell.
• The company reported $0.10 in quarterly EPS and $233.55 million in revenue, but posted negative net margin and return on equity; analysts expect $0.44 EPS for the full year.

Grupo Supervielle S.A. (NYSE:SUPV - Get Free Report) shares hit a new 52-week low on Tuesday. The stock traded as low as $5.91 and last traded at $5.95, with a volume of 96,575 shares trading hands. The stock had previously closed at $6.08.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on SUPV shares. Zacks Research upgraded shares of Grupo Supervielle from a "hold" rating to a "strong-buy" rating in a report on Friday, October 9th. UBS Group cut their price target on shares of Grupo Supervielle from $13.00 to $11.50 and set a "neutral" rating on the stock in a report on Friday, July 10th. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of Grupo Supervielle in a research report on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $13.17.

Grupo Supervielle Stock Down 2.3%

The stock has a market cap of $520.05 million, a PE ratio of -9.44 and a beta of 1.54. The business has a fifty day moving average of $7.70 and a 200-day moving average of $9.07. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SUPV. Titan Global Capital Management USA LLC raised its holdings in shares of Grupo Supervielle by 5.7% in the 1st quarter. Titan Global Capital Management USA LLC now owns 96,768 shares of the company's stock valued at $912,000 after purchasing an additional 5,245 shares in the last quarter. Engineers Gate Manager LP boosted its stake in shares of 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 purchasing an additional 45,325 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in Grupo Supervielle by 285.5% during the first quarter. Bank of America Corp DE now owns 19,397 shares of the company's stock valued at $183,000 after buying an additional 14,365 shares during the period.

About Grupo Supervielle

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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