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Is NASDAQ:GGAL suited for growth investing?

By Mill Chart

Last update: Apr 4, 2024

In this article we will dive into GRUPO FINANCIERO GALICIA-ADR (NASDAQ:GGAL) as a possible candidate for growth investing. Investors should always do their own research, but we noticed GRUPO FINANCIERO GALICIA-ADR showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Some of the canslim metrics of NASDAQ:GGAL highlighted

  • GRUPO FINANCIERO GALICIA-ADR has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 553.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
  • GRUPO FINANCIERO GALICIA-ADR has achieved significant quarter-to-quarter (Q2Q) revenue growth of 602.0%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
  • GRUPO FINANCIERO GALICIA-ADR has experienced 136.0% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
  • GRUPO FINANCIERO GALICIA-ADR has achieved an impressive Return on Equity (ROE) of 17.78%, showcasing its ability to generate favorable returns for shareholders.
  • The Relative Strength (RS) of GRUPO FINANCIERO GALICIA-ADR has consistently been strong, with a current 97.12 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. GRUPO FINANCIERO GALICIA-ADR demonstrates promising potential for sustained price momentum.
  • Maintaining a Debt-to-Equity ratio of 0.61, GRUPO FINANCIERO GALICIA-ADR demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • GRUPO FINANCIERO GALICIA-ADR demonstrates a balanced ownership structure, with institutional shareholders at 7.37%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

In-Depth Technical Analysis of NASDAQ:GGAL

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Overall GGAL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GGAL has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • The long and short term trends are both positive. This is looking good!
  • Looking at the yearly performance, GGAL did better than 97% of all other stocks. We also observe that the gains produced by GGAL over the past year are nicely spread over this period.
  • GGAL is one of the better performing stocks in the Banks industry, it outperforms 98% of 415 stocks in the same industry.
  • GGAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GGAL is lagging the market slightly.
  • GGAL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

For an up to date full technical analysis you can check the technical report of GGAL

A complete fundamental analysis of NASDAQ:GGAL

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

GGAL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 415 industry peers in the Banks industry. GGAL has a bad profitability rating. Also its financial health evaluation is rather negative. GGAL is valued quite expensively, but it does show have an excellent growth rating.

Check the latest full fundamental report of GGAL for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

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.

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GRUPO FINANCIERO GALICIA-ADR

NASDAQ:GGAL (4/29/2024, 3:30:01 PM)

After market: 31.26 0 (0%)

31.26

+0.56 (+1.82%)

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