Banco Santander Mexico SA Institucion de Banca Multiple Grupo (BSMX) Forecast, Price Target & Analyst Ratings

Q: Can you provide the average price target for Banco Santander Mexico SA Institucion de Banca Multiple Grupo stock?

9 analysts have analysed BSMX and the average price target is 6.57 USD. This implies a price increase of 20.41% is expected in the next year compared to the current price of 5.46.

NYSE:BSMX • US05969B1035

5.46 USD

+0.13 (+2.44%)

At close: May 4, 2023

5.35 USD

-0.11 (-2.01%)

After Hours: 5/4/2023, 8:04:01 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Banco Santander Mexico SA Institucion de Banca Multiple Grupo (BSMX).

Consensus Price Target

Price Target

$6.57

+ 20.41% Upside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: Jul 26, 2023
Period: Q2 / 2023
EPS Estimate: MX$5.21
Revenue Estimate: 28.077B

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

44.44%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

$6.57

Upside

+ 20.41%

From current price of $5.46 to mean target of $6.57, Based on 9 analyst forecasts

Low

$6.39

Median

$6.56

High

$6.87

Price Target Revisions

1 Month

-4.76%

3 Months

-7.38%

Price Target Summary

9 Wall Street analysts provided a forecast for the next 12 months for BSMX. The average price target is 6.57 USD. This implies a price increase of 20.41% is expected in the next year compared to the current price of 5.46.

The average price target has been revised downward by 7.38% in the past 3 months.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

Analyst Ratings Consensus

ChartMill Buy Consensus

44.44%

BSMX was analyzed by 9 analysts. The buy percentage consensus is at 44. So analysts seem to be rather negative about BSMX.

In the last month the buy percentage fell by 5 points. So the trust of analysts is decreasing.

BSMX was analyzed by 9 analysts. More opinions would make the average more meaningful.

→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Date	Firm	Action	From → To
2022-10-24	ScotiaBank	Downgrade	Sector Outperform -> Sector Underperform
2021-11-18	B of A Securities	Downgrade	Buy -> Underperform
2021-11-02	HSBC	Downgrade	Buy -> Hold
2021-05-18	JP Morgan	Upgrade	Neutral -> Overweight
2021-03-30	HSBC	Downgrade	Buy -> Hold

Next Earnings Forecast Details

Next Earnings Details

Release Date: Jul 26, 2023
Period: Q2 / 2023
EPS Estimate: MX$5.21
Revenue Estimate: 28.077B
Revenue Q2Q: 8.08%
EPS Q2Q: 1.99%
Number of Analysts: 6

Next Earnings Revisions

Revenue (1 Month)

2.18%

Revenue (3 Months)

1.57%

EPS (1 Month)

0.00%

EPS (3 Months)

3.65%

Next Earnings Summary

BSMX is expected to report earnings on 7/26/2023. The consensus EPS estimate for the next earnings is 5.21 USD and the consensus revenue estimate is 28.08B USD.

The next earnings revenue estimate has been revised upward by 1.57% in the past 3 months.

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

	2020	2021	2022	2023	2024	2025
Revenue YoY % growth	97.473B 1.06%	94.928B -2.61%	105.966B 11.63%	106.946B 0.92%	113.971B 6.57%	127.784B 12.12%
EBITDA YoY % growth	N/A	N/A	N/A	N/A	N/A	N/A
EBIT YoY % growth	N/A -17.22%	N/A -12.96%	N/A 61.31%	44.659B 17.07%	46.117B 3.26%	41.922B -9.10%
Operating Margin	N/A	N/A	N/A	41.76%	40.46%	32.81%
EPS YoY % growth	14.86 -5.41%	13.33 -10.34%	19.57 46.84%	20.87 6.69%	21.36 2.35%	23.19 8.56%

All data in MXN

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

	Q2 / 23	Q3 / 23	Q4 / 23
EPS Q2Q % growth	5.21 1.99%	5.23 -13.60%	4.79 3.00%
Revenue Q2Q % growth	28.077B 8.08%	28.542B 6.15%	29.018B -72.62%
EBITDA Q2Q % growth	N/A	N/A	N/A
EBIT Q2Q % growth	9.814B 13.86%	9.9B 10.38%	8.689B 0.84%

All data in MXN

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year

5.83%

EPS Next 5 Year

N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year

11.69%

Revenue Next 5 Year

N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

N/A

EBIT Next 5 Year

N/A

→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Banco Santander Mexico SA Institucion de Banca Multiple Grupo / BSMX Forecast FAQ

Can you provide the average price target for Banco Santander Mexico SA Institucion de Banca Multiple Grupo stock?

9 analysts have analysed BSMX and the average price target is 6.57 USD. This implies a price increase of 20.41% is expected in the next year compared to the current price of 5.46.

When does Banco Santander Mexico SA Institucion de Banca Multiple Grupo (BSMX) report earnings?

Banco Santander Mexico SA Institucion de Banca Multiple Grupo (BSMX) will report earnings on 2023-07-26, after the market close.

What are the consensus estimates for BSMX stock next earnings?

The consensus EPS estimate for the next earnings of Banco Santander Mexico SA Institucion de Banca Multiple Grupo (BSMX) is 5.21 USD and the consensus revenue estimate is 28.08B USD.

What is the expected long term growth rate for BSMX stock?

The expected long term growth rate for Banco Santander Mexico SA Institucion de Banca Multiple Grupo (BSMX) is 11.69%.

Analyst forecast overview

Forecast Snapshot