Banco Latinoamericano de Comercio Exterior (BLX) Receiving Somewhat Positive Press Coverage, Analysis Shows
News headlines about Banco Latinoamericano de Comercio Exterior (NYSE:BLX) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Banco Latinoamericano de Comercio Exterior earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 46.7779355239925 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Banco Latinoamericano de Comercio Exterior (BLX) opened at $28.81 on Friday. The company has a market capitalization of $1,069.55, a P/E ratio of 15.16 and a beta of 1.64. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.63 and a quick ratio of 1.63. Banco Latinoamericano de Comercio Exterior has a 12 month low of $25.51 and a 12 month high of $30.45.
Banco Latinoamericano de Comercio Exterior (NYSE:BLX) last released its earnings results on Friday, October 20th. The bank reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.04). The firm had revenue of $31.07 million during the quarter, compared to the consensus estimate of $37.94 million. Banco Latinoamericano de Comercio Exterior had a net margin of 29.97% and a return on equity of 7.32%. equities research analysts expect that Banco Latinoamericano de Comercio Exterior will post 2.11 earnings per share for the current fiscal year.
Separately, Zacks Investment Research upgraded Banco Latinoamericano de Comercio Exterior from a “strong sell” rating to a “hold” rating in a research note on Monday, September 25th. Three research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. The company currently has an average rating of “Sell” and an average price target of $27.50.
COPYRIGHT VIOLATION WARNING: This article was posted by Watch List News and is the property of of Watch List News. If you are reading this article on another domain, it was stolen and republished in violation of U.S. & international copyright and trademark laws. The original version of this article can be accessed at https://www.watchlistnews.com/banco-latinoamericano-de-comercio-exterior-blx-receiving-somewhat-positive-press-coverage-analysis-shows/1797529.html.
About Banco Latinoamericano de Comercio Exterior
Banco Latinoamericano de Comercio Exterior, SA (the Bank) is a specialized multinational bank. The Bank is established to support the financing of trade and economic integration in Latin America and the Caribbean. The Company operates in two segments: Commercial and Treasury. The Bank’s Commercial segment incorporates all of the Bank’s financial intermediation and fees generated by the commercial portfolio activities, such as origination of bilateral and syndicated credits, short- and medium-term loans, acceptances and contingent credits.
Receive News & Ratings for Banco Latinoamericano de Comercio Exterior Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Latinoamericano de Comercio Exterior and related companies with Analyst Ratings Network's FREE daily email newsletter.