Does BANCO SANTANDER-CHILE-ADR (NYSE:BSAC) align with Mark Minervini’s trading strategy?

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if BANCO SANTANDER-CHILE-ADR (NYSE:BSAC) is suited for growth investing. Investors should of course do their own research, but we spotted BANCO SANTANDER-CHILE-ADR showing up in our Minervini growth screen, so it may be worth spending some more time on it.

A Technical Analysis using the Minervini Trend Template.

BSAC checks all the boxes when evaluating the Minervini Trend Template. This is a set of basic technical criteria to identify stocks in strong uptrends:

• ✔ Relative Strength is above 70.
• ✔ Current price is within 25% of it's 52-week high.
• ✔ Current price is at least 30% above it's 52-week low.
• ✔ The current price is above the 50-, 150- and 200-day SMA price line.
• ✔ The SMA(200) is trending upwards.
• ✔ The SMA(150) is above the SMA(200)
• ✔ The SMA(50) is above the SMA(150) and the SMA(200)

Why BSAC may be interesting for high growth investors.

ChartMill employs its own High Growth Momentum Rating (HGM) system for all stocks. This score, ranging from 0 to 10, is derived by evaluating different growth and profitability factors, such as EPS and revenue growth, as well as accelleration, surprises and revision history. BSAC has earned a 5:

Earnings Momentum

• The EPS of BSAC has exhibited growth from one quarter to another (Q2Q), with a 56.38% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• Over the past year, BSAC has demonstrated 54.76% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• The quarter-to-quarter (Q2Q) revenue growth of 31.85% of BSAC has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and drive revenue growth.
• Over the past 3 months, analysts have adjusted their EPS Estimate for BSAC with a 11.32% change. This highlights the evolving outlook on the company's EPS potential.

Financial Strength & Profitability

• With a favorable trend in its free cash flow (FCF) over the past year, BSAC demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• BSAC demonstrates a strong Return on Equity(ROE) of 17.97%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. BANCO SANTANDER-CHILE-ADR shows promising potential for continued success.

Market Strength

• BSAC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 93.94 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning.

Looking at the Setup

The Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For BSAC this score is currently 6:

Although BSAC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Our latest full technical report of BSAC contains the most current technical analsysis.

More like this

Our High Growth Momentum + Trend Template screen will find you more ideas which meet the Minervini criteria.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.