What Technical Indicators Show About Banco Bilbao Vizcaya Argentaria S.A. (BBVA)?

Banco Bilbao Vizcaya Argentaria S.A. (NYSE:BBVA) finished Thursday with a subtraction of $0.0 to close at $7.88, a downside of 0.00 percent. An average of 1,351,288 shares of common stock have been traded in the last five days. There was a gain of $0.26 in the past week, and it reached a new high 50 times over the past 12 months. The last 20 days have seen an average of 1,013,637 shares traded, while the 50-day average volume stands at 1,043,983.

BBVA stock has decreased by -1.13% in the last month. The company shares reached their 1-month lowest point of $7.41 on 08/08/23. With the stock rallying to its 52-week high on 07/28/23, shares of the company touched a low of $4.32 and a high of $8.14 in 52 weeks. It has reached a new high 24 times so far this year and achieved 31.12% or $1.86 in price. In spite of this, the price is down -3.19% from the 52-week high.

Valuation Metrics

Banco Bilbao Vizcaya Argentaria S.A. (BBVA) has a trailing price-to-earnings (P/E) ratio of 6.20. The stock’s beta is 1.30. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.06, the price-to-book (PB) ratio at 0.88.

The company has a payout ratio of 32.90%. The company’s most recent quarterly dividend payment was $0.3333 a share, representing a up of 185.36% from $0.1168 last year. Its latest increase dividend $0.2165 reported on Tuesday February 14 2023.

Financial Health

Further, the company has a long term debt to equity ratio of 1.32 and a total debt to equity ratio of 1.32 for the quarter ending September 29. Its gross profit as reported stood at $6.04 billion compared to revenue of $20.18 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Banco Bilbao Vizcaya Argentaria S.A.’s return on assets was 0.90%.

Earnings Surprise

For the three-month period that ended September 29, Banco Bilbao Vizcaya Argentaria S.A. had $3.52 billion in total debt. The analyst consensus anticipated Banco Bilbao Vizcaya Argentaria S.A.’s latest quarter earnings to come in at $0.16 per share, but it turned out to be $0.24, a 50.00% surprise. At the end of the quarter ending September 29, Banco Bilbao Vizcaya Argentaria S.A.’s stock balance sheet showed total debt was $142.09 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Banco Bilbao Vizcaya Argentaria S.A. (BBVA) price momentum. RSI 9-day as of the close on 10 August was 57.92%, suggesting the stock is Neutral, with historical volatility in this time frame at 30.19%.

As of today, BBVA’s price is $7.73 +3.48% or $0.26 from its 5-day moving average. BBVA is currently trading -0.69% lower than its 20-day SMA and +19.14% higher than its 100-day SMA. However, the stock’s current price level is +20.78% above the SMA50 and +53.21% above the SMA200.

The stochastic %K and %D were 52.61% and 40.73%, respectively, and the average true range (ATR) was 0.16. With the 14-day stochastic at 63.95% and the average true range at 0.16, the RSI (14) stands at 56.25%. The stock has reached 0.12 on the 9-day MACD Oscillator while the 14-day reading was at 0.03.

Analyst Ratings

Barclays launched coverage on Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) in its analyst report released on May 26, 2023. The firm assigned the stock an Equal weight rating. The consensus rating for Banco Bilbao Vizcaya Argentaria S.A. (BBVA) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BBVA, while 12 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 13 others rate it as a “buy”.

What is BBVA’s price target for the next 12 months?

Analysts predict a range of price targets between $7.84 and $11.37, with a median target of $9.70. Taking a look at these predictions, the average price target given by analysts for Banco Bilbao Vizcaya Argentaria S.A. (BBVA) stock is $9.56.

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