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

Shares of Grupo Supervielle S.A. (NYSE:SUPV) have received a consensus rating of “Hold” from the seven analysts that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $13.17.

Several brokerages have recently issued reports on SUPV. Weiss Ratings restated a “sell (d)” rating on shares of Grupo Supervielle in a research note on Wednesday, July 15th. UBS Group dropped their price objective on Grupo Supervielle from $13.00 to $11.50 and set a “neutral” rating on the stock in a research note on Friday, July 10th. Finally, JPMorgan Chase & Co. increased their price objective on Grupo Supervielle from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Thursday, June 25th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Deltec Asset Management LLC purchased a new stake in Grupo Supervielle in the 1st quarter worth about $438,000. Engineers Gate Manager LP raised 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 acquiring an additional 45,325 shares during the period. Bank of America Corp DE lifted 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 purchasing an additional 14,365 shares during the last quarter. Finally, Titan Global Capital Management USA LLC lifted its holdings in Grupo Supervielle by 5.7% during the first 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 during the last quarter.

Grupo Supervielle Price Performance

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 firm has a 50-day moving average of $8.13 and a 200 day moving average of $8.93. 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 has a market cap of $623.53 million, a P/E ratio of -11.30 and a beta of 1.54.

Grupo Supervielle (NYSE:SUPV) last announced its quarterly earnings data on Tuesday, June 30th. The company reported $0.10 EPS for the quarter. The business had revenue of $233.55 million for the quarter. Grupo Supervielle had a negative net margin of 3.60% and a negative return on equity of 2.67%. On average, research analysts expect that Grupo Supervielle will post 0.44 EPS for the current year.

About Grupo Supervielle

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.