Grupo Supervielle (NYSE:SUPV) Shares Down 5.4% - Time to Sell?

Grupo Supervielle S.A. (NYSE:SUPV) saw its shares decline by 5.4% in trading last Friday. The stock dropped to a low of $15.66, before closing at $15.62. During the trading session, approximately 339,169 shares were exchanged, representing a significant decrease of 76% compared to the average daily volume of 1,420,301 shares. Previously, the stock had closed at $16.52.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently provided updated reports regarding Grupo Supervielle's stock. Notably, Morgan Stanley upgraded the stock from an "underweight" rating to an "overweight" rating, and established a price target of $19.00 for the shares in a report dated December 16th. Similarly, JPMorgan Chase & Co. also raised their rating on the stock from "underweight" to "neutral," setting a price target of $15.00 in their report on December 12th.

Grupo Supervielle Stock Performance

Grupo Supervielle has a market capitalization of $1.35 billion and boasts a price-to-earnings (PE) ratio of 21.15, along with a beta of 1.95. The company's debt-to-equity ratio stands at a low 0.07, indicating minimal debt levels relative to equity. Additionally, it has a current and quick ratio of 0.86 each, suggesting some liquidity challenges. The stock's fifty-day simple moving average is $15.69, while the 200-day simple moving average is lower at $10.67.

In its most recent earnings report, announced on November 25th, Grupo Supervielle revealed earnings of $0.11 per share, falling short of analysts' average expectations of $0.14 by $0.03. The company reported a return on equity of 15.92% and a net margin of 5.80%. Analysts expect that Grupo Supervielle S.A. will achieve an EPS of 1.5 for the current fiscal year.

Institutional Inflows and Outflows

Recent trading activity by institutional investors indicates a mix of sentiment towards Grupo Supervielle. Precision Wealth Strategies LLC initiated a new stake valued at $317,000 during the third quarter. Similarly, Dynamic Technology Lab Private Ltd acquired shares valued at $145,000. Notably, Quantbot Technologies LP boosted its stake by 212.9% during the same period, now owning 28,807 shares worth around $205,000 after adding 19,602 shares. BNP Paribas Financial Markets increased its stake tremendously by 449.1%, bringing its total to 61,303 shares valued at approximately $436,000. Lastly, Freedom Investment Management Inc. also acquired a new stake in Grupo Supervielle, estimated at $519,000.

Grupo Supervielle Company Profile

Grupo Supervielle SA operates as a financial services holding company that provides a range of banking products and services in Argentina. The company segments include Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management, among others. Its offerings comprise savings accounts, checking accounts, various types of loans, leasing services, credit and debit cards, insurance products, and investment services such as mutual funds.

Final Thoughts

As Grupo Supervielle navigates through market fluctuations and analyst expectations, investors must assess their own strategies carefully. With various influencing factors, including recent upgrades from analysts and institutional investors adjusting their stakes, it's essential to weigh the potential risks and rewards before deciding to hold or sell.

Grupo, Supervielle, Investing