Banco Macro Stock Target Price and Analyst Consensus

BMA
 Stock
  

USD 11.63  0.43  3.84%   

The current analyst and expert consensus on Banco Macro is Sell, with 0 strong sell and 0 strong buy opinions. The current projected Banco Macro target price consensus is 12.5 with 2 analyst opinions. The most common way Banco Macro SA analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Banco Macro executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Banco Macro. We encourage you to use your own analysis of Banco Macro SA to validate this buy or sell advice. Banco Macro buy-or-sell recommendation module provides average expert sentiment on the projected Banco Macro SA target price to derive its highest and lowest estimates based on projected price volatility of 3.535. Continue to Macroaxis Advice on Banco Macro to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  
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The current year Gross Profit is expected to grow to about 206.4 B. The current year Profit Margin is expected to grow to 0.14. Banco Macro Total Assets are projected to increase significantly based on the last few years of reporting. The past year's Total Assets were at 999.3 Billion. The current year Cash and Equivalents is expected to grow to about 185.9 B, whereas Accumulated Other Comprehensive Income is forecasted to decline to about 70.7 B.

Banco Macro Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Banco target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Banco target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions2
Lowered Outlook0
Raized Outlook0
Sell
Most Banco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Banco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Banco Macro SA, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Banco Macro Target Price Projection

Banco Macro's current and average target prices are 11.63 and 12.50, respectively. The current price of Banco Macro is the price at which Banco Macro SA is currently trading. On the other hand, Banco Macro's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Banco Macro Market Quote on 3rd of July 2022

Low Price10.93Odds
High Price11.67Odds

11.63

Target Price

Analyst Consensus On Banco Macro Target Price

Low Estimate10.0Odds
High Estimate15.0Odds
Number of Analysts2
Standard Deviation3.535

12.5

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Banco Macro SA and the information provided on this page.

Banco Macro Analyst Ratings

Banco Macro's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Banco Macro stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Banco Macro's financials, market performance, and future outlook by experienced professionals. Banco Macro's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

About Banco Macro Target Price Projections

Banco Macro's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Banco Macro SA and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Banco depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Banco Macro SA including analysis of its current option contracts.
Banco Macro's latest option contracts expiring on 2022-07-15 are carrying combined implied volatility of 70.42 with a put-to-call open interest ratio of 1.65 over 22 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2022-07-15. The current put volume is at 77, with calls trading at the volume of 89. This yields a 0.87 put-to-call volume ratio. The Banco Macro option chain provides detailed quote and price information for the current Banco Macro SA option contracts. It shows all of Banco Macro's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-07-15 Option Contracts

Banco Macro option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Banco Macro's lending market. For example, when Banco Macro's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Banco Macro, he or she must hedge the risk by shorting Banco Macro stock over its option's life.
The chart above shows Banco Macro's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Banco Macro's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Banco Macro's option, there is no secondary market available for investors to trade.

Banco Macro Maximum Pain Price across 2022-07-15 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Banco Macro close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Banco Macro's stock options are financial instruments that give investors the right to buy or sell shares of Banco Macro SA common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Banco stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Banco Macro's stock price goes up or down, the stock options follow.
Continue to Macroaxis Advice on Banco Macro to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Banco Macro SA In The Money Call Balance

When Banco Macro's strike price is surpassing the current stock price, the option contract against Banco Macro SA stock is said to be in the money. When it comes to buying Banco Macro's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' options written on Banco Macro SA are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Banco Current Options Market Mood

Banco Macro's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Banco Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Banco Macro's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Banco Macro's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Banco Macro's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional Banco Macro Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Banco Macro is a key component of Banco Macro valuation and have some predictive power on the future returns of a Banco Macro.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Banco Macro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Banco Macro in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.4211.2614.10
Details
Intrinsic
Valuation
LowReal ValueHigh
8.9111.7514.59
Details
Naive
Forecast
LowNext ValueHigh
10.5313.3716.20
Details
Earnings
Estimates (1)
LowProjected EPSHigh
3.203.203.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Banco Macro. Your research has to be compared to or analyzed against Banco Macro's peers to derive any actionable benefits. When done correctly, Banco Macro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Banco Macro SA.

Additional Banco Macro Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Banco Macro is a key component of Banco Macro valuation and have some predictive power on the future returns of a Banco Macro.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Banco Macro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Banco Macro in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.4211.2614.10
Details
Intrinsic
Valuation
LowReal ValueHigh
8.9111.7514.59
Details
Naive
Forecast
LowNext ValueHigh
10.5313.3716.20
Details
Earnings
Estimates (1)
LowProjected EPSHigh
3.203.203.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Banco Macro. Your research has to be compared to or analyzed against Banco Macro's peers to derive any actionable benefits. When done correctly, Banco Macro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Banco Macro SA.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Investor Favorites
Invested less than 1 share
Macroaxis Index
Invested few shares
IT
Invested few shares
Continue to Macroaxis Advice on Banco Macro to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. Note that the Banco Macro SA information on this page should be used as a complementary analysis to other Banco Macro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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The data published in Banco Macro's official financial statements usually reflect Banco Macro's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Banco Macro SA. For example, before you start analyzing numbers published by Banco accountants, it's critical to develop an understanding of what Banco Macro's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of Banco Macro's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Banco Macro's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Banco Macro's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Banco Macro SA. Please utilize our Beneish M Score to check the likelihood of Banco Macro's management to manipulate its earnings.