Banco Bilbao Vizcaya Argentaria. ADR (NYSE:BBVA) remained unchanged to close Friday at $7.93 after subtracting $0.0 on the day. The 5-day average trading volume is 813,200 shares of the company’s common stock. It has gained $8.05 in the past week and touched a new high 3 times within the past 5 days. An average of 873,520 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 991,358.
BBVA’s 1-month performance is 2.99% or $0.24 on its low of $7.41 reached on 09/08/23. The company’s shares have touched a 52-week low of $4.36 and high of $8.18, with the stock’s rally to the 52-week high happening on 08/30/23. YTD, BBVA has achieved 31.95% or $1.92 and has reached a new high 25 times. However, the current price is down -3.06% from the 52-week high price.
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Valuation Metrics
BBVA stock has a beta of 1.29. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.83 while the price-to-book (PB) in the most recent quarter is 0.88, with the price to cash flow ratio at 0.34.
As well, the company’s long term debt to equity for the quarter ending September 29 was 1.89, while the total debt to equity was 4.17. 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. ADR (BBVA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 64.25% to suggest the stock is trending Neutral, with historical volatility in this time period at 15.27%.
The stock’s 5-day moving average is $7.84, reflecting a +3.39% or $0.26 change from its current price. BBVA is currently trading +2.45% above its 20-day SMA, +8.78% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -0.50% and SMA200 by+37.67%.
Stochastic %K and %D was 81.10% and 68.37% and the average true range (ATR) pointed at 0.13. The RSI (14) points at 59.04%, while the 14-day stochastic is at 81.10% with the period’s ATR at 0.13. The stock’s 9-day MACD Oscillator is pointing at 0.17 and 0.25 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Banco Bilbao Vizcaya Argentaria. ADR (NYSE: BBVA), Morgan Stanley downgraded it to an Equal-weight rating. They previously had an Overweight rating on the stock. 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. 1 rates the stock as overweight while 12 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 $11.04, with their median price target at $9.83. Looking at these predictions, the average price target given by analysts is for Banco Bilbao Vizcaya Argentaria. ADR (BBVA) stock is $9.65.