Banco Bilbao Vizcaya Argentaria S.A. (NYSE:BBVA) saw a downside of -2.27% to $7.53 after subtracting -$0.17 on Tuesday. The 5-day average trading volume is 887,994 shares of the company’s common stock. It has gained $7.71 in the past week and touched a new high 4 times within the past 5 days. An average of 880,993 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,020,829.
BBVA’s 1-month performance is -0.73% or -$0.07 on its low of $7.41 reached on 08/08/23. The company’s shares have touched a 52-week low of $4.32 and high of $8.14, with the stock’s rally to the 52-week high happening on 07/28/23. YTD, BBVA has achieved 25.21% or $1.51 and has reached a new high 24 times. However, the current price is down -7.56% from the 52-week high price.
Valuation Metrics
BBVA stock has a beta of 1.30. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.02 while the price-to-book (PB) in the most recent quarter is 0.84.
As well, the company’s long term debt to equity for the quarter ending September 29 was 1.32, while the total debt to equity was 1.32. The firm’s gross profit as reported stood at $6.04 billion against revenue of $20.18 billion.
Earnings Surprise
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected BBVA to announce $0.16 per share in earnings in its latest quarter, but it posted $0.24, representing a 50.00% surprise.
Let’s look briefly at Banco Bilbao Vizcaya Argentaria S.A. (BBVA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 38.66% to suggest the stock is trending Neutral, with historical volatility in this time period at 28.87%.
The stock’s 5-day moving average is $7.58, reflecting a -2.02% or -$0.15 change from its current price. BBVA is currently trading -2.02% above its 20-day SMA, +15.24% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +9.22% and SMA200 by+55.80%.
Stochastic %K and %D was 24.56% and 20.37% and the average true range (ATR) pointed at 0.16. The RSI (14) points at 43.87%, while the 14-day stochastic is at 16.33% with the period’s ATR at 0.15. The stock’s 9-day MACD Oscillator is pointing at -0.10 and -0.17 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA), Barclays launched coverage with an Equal weight rating. Analysts offering their rating for BBVA stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate BBVA as a “sell,”, while 12 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 13 have offered a “buy” rating.
What is BBVA’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $7.84 and a high of $11.37, with their median price target at $9.69. Looking at these predictions, the average price target given by analysts is for Banco Bilbao Vizcaya Argentaria S.A. (BBVA) stock is $9.51.
