Banco Bilbao Vizcaya Argentaria. ADR (NYSE: BBVA)’s Share Price Dropped -1.26%, What’s Next? Heres Is A Hint: Don’t Panic

Banco Bilbao Vizcaya Argentaria. ADR (NYSE:BBVA) shares, rose in value, with the stock price down by -1.26% to the previous day’s close as strong demand from buyers drove the stock to $11.80.

Actively observing the price movement in the last trading, the stock closed the session at $11.95. The value of beta (5-year monthly) was 1.46 whereas the PE ratio was 8.15 over 12-month period. Referring to stock’s 52-week performance, its high was $12.20, and the low was $6.47. On the whole, BBVA has fluctuated by 11.85% over the past month.

The company’s Forward Dividend Ratio is 0.17, with its dividend yield at 1.44%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.39, which is expected to increase to $0.43 for fiscal year $1.5 and then to about $1.52 by fiscal year 2025. Data indicates that the EPS growth is expected to be 7.10% in 2025, while the next year’s EPS growth is forecast to be 1.30%.

Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $31.97 billion, representing an increase of 0.10% from the revenues reported in the last year’s results.

Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that BBVA’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 0.73, with the price of BBVA currently trading nearly 2.81% and 12.98% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.16, while the 7-day volatility ratio is showing 1.46% which for the 30-day chart, stands at 1.37%. Furthermore, Banco Bilbao Vizcaya Argentaria. ADR (BBVA)’s beta value is 1.31, and its average true range (ATR) is 0.19.

A comparison of Banco Bilbao Vizcaya Argentaria. ADR (BBVA) with its peers suggests the former has fared considerably weaker in the market. BBVA showed an intraday change of -1.26% in last session, and over the past year, it grew by 69.30%%.

Data on historical trading for Banco Bilbao Vizcaya Argentaria. ADR (NYSE:BBVA) indicates that the trading volumes over the past 10 days have averaged 1.26 million and over the past 3 months, they’ve averaged 1.40 million. According to company’s latest data on outstanding shares, there are 5.83 billion shares outstanding.

Nearly 0.00% of Banco Bilbao Vizcaya Argentaria. ADR’s shares belong to company insiders and institutional investors own 3.08% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.12 million shares as on Mar 15, 2024, resulting in a short ratio of 1.43. According to the data, the short interest in Banco Bilbao Vizcaya Argentaria. ADR (BBVA) stood at 0.04% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 2.62 million. The stock has risen by 29.53% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BBVA stock heading into the next quarter.

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